China Construction Bank Corporation (00939) has completed the redemption of its domestic 2021 Tier 2 capital bonds (Phase I) (Type I).
China Construction Bank (00939) announced that in August 2021, it issued a total of 80 billion yuan in Tier 2 capital bonds in the national interbank bond market, including two varieties. Among them, the first variety of bonds (this issue) is a 10-year fixed-rate bond with a conditional issuer redemption option at the end of the fifth year, with an issuance scale of 65 billion yuan. As of the date of this announcement, the bank has exercised the redemption option and fully redeemed this issue of bonds.
China Construction Bank Corporation (00939) announced that in August 2021, the bank issued subordinated capital bonds in the national inter-bank bond market with a total scale of RMB 80 billion, including two varieties. Among them, Variety One bonds (the current bonds) are fixed-rate bonds with a maturity of 10 years, featuring a conditional redemption right for the issuer at the end of the fifth year, with an issuance scale of RMB 65 billion. As of the date of this announcement, the bank has exercised its redemption right and fully redeemed the current bonds.
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