WS Investor
25 Dec 2025, 09:24
Bank of China Completes RMB50 Billion Tier 2 Capital Bond Issuance
Bank of China Limited announced the completion of its issuance of write-down Tier 2 capital bonds totaling RMB50 billion in the domestic interbank bond market. The bonds were issued on December 22, 2025, and the process was completed on December 24, 2025, following shareholder approval and regulatory clearances.
The issuance comprises two tranches: RMB48 billion of 10-year fixed-rate bonds with a 2.22% coupon and RMB2 billion of 10-year floating-rate bonds with an initial coupon of 2.25%. Both tranches include an issuer redemption option at the end of the fifth year. Proceeds will be used to replenish the bank’s Tier 2 capital in line with regulatory requirements.
Bank of China Limited announced the completion of its issuance of write-down Tier 2 capital bonds totaling RMB50 billion in the domestic interbank bond market. The bonds were issued on December 22, 2025, and the process was completed on December 24, 2025, following shareholder approval and regulatory clearances.
The issuance comprises two tranches: RMB48 billion of 10-year fixed-rate bonds with a 2.22% coupon and RMB2 billion of 10-year floating-rate bonds with an initial coupon of 2.25%. Both tranches include an issuer redemption option at the end of the fifth year. Proceeds will be used to replenish the bank’s Tier 2 capital in line with regulatory requirements.