Bank of China completes 30bn yuan capital bond issuance

Bank of China announced completion of its 30 billion yuan write-down undated capital bonds issuance on July 24, 2025. The bonds carry an initial coupon rate of 1.97% for the first five years, with the rate resetting every five years thereafter.

The bank retains the option to redeem the bonds from the fifth year onward on any distribution payment date. The funds raised will bolster the bank's additional tier 1 capital.