Bank of China: Completed the issuance of 30 billion yuan in non-fixed-term capital bonds with reduced principal.
Bank of China announcement: The company issued a non-redeemable perpetual capital bond in the national interbank bond market on July 20, 2026, and completed the issuance on July 22, 2026. The size of this bond issuance is 30 billion RMB, with a fixed coupon rate of 1.91% for the first 5 years, adjustable every 5 years, and the issuer has the right to redeem on each interest payment date after the 5th year. The funds raised from this bond issuance will be used to supplement the company's other Tier 1 capital in accordance with applicable laws and regulatory approvals.
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