Bank of China: Redeem 40 billion yuan of non-fixed term capital bonds with reduction.

The Bank of China announced that on November 13, 2020, it issued 40 billion yuan of capital bonds with no fixed maturity for write-down, with the issuer's redemption right, which can be redeemed on November 17, 2025. As of the date of the announcement, the bank has exercised its redemption right and fully redeemed this bond issuance.