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Published on 10/12/2023 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Bank of China redeems in full RMB 40 billion tier 2 bonds due 2028

By Mary-Katherine Stinson

Lexington, Ky., Oct. 12 – Bank of China Ltd. exercised its redemption option for its RMB 40 billion 10-year fixed-interest rate tier 2 capital bonds on the fifth anniversary of the bonds, which was Oct. 11, according to a notice.

The bonds were redeemed in full.

They were issued Oct. 9, 2018.

Bank of China is based in Beijing.


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