Bank of China (03988.HK) completes the issuance of 30 billion yuan in perpetual subordinated contingent convertible bonds.

Wisdom Financial News APP News, Bank of China (03988.HK) announced that, approved by the relevant regulatory authorities, the bank issued Tier 1 perpetual capital bonds with a write-down feature (this bond) in the national interbank bond market on July 20, 2026, and completed the issuance on July 22, 2026. The issuance size of this bond is 30 billion yuan, with a fixed interest rate of 1.91% for the first 5 years, adjusted every 5 years, and the issuer's redemption right on each interest payment date after the 5th year.