Bank of China (03988): The issuance of non-fixed-term capital bonds with markdown has been completed.

date
17:26 15/05/2026
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GMT Eight
Bank of China (03988) announced that at the shareholders' meeting held on July 18, 2025, the proposal to issue capital instruments not exceeding 450 billion yuan or equivalent foreign currency was approved. With approval from the relevant regulatory authorities, the Bank issued a perpetual capital bond (the current bond) on May 13, 2026, on the national interbank bond market, and completed the issuance on May 15, 2026.
Bank of China (03988) announced that at the shareholders' meeting held on July 18, 2025, the bank approved the proposal to issue capital instruments not exceeding RMB 450 billion or equivalent foreign currency. With the approval of the relevant regulatory authorities, the bank issued a write-off type perpetual capital bond (this bond) on the national interbank bond market on May 13, 2026, and completed the issuance on May 15, 2026. The issuance size of this bond is RMB 30 billion, with a fixed rate of interest of 1.95% for the first 5 years, which adjusts every 5 years. Starting from the fifth year, the issuer has the right to redeem the bond on each interest payment date.