Agricultural Bank of China redeems ¥35 bn capital bonds

Agricultural Bank of China Limited announced the redemption of its 2020 undated additional tier 1 capital bonds (second tranche). The bank, with approval from the National Financial Regulatory Administration, has exercised its right to redeem the bonds in full.

These bonds, totaling ¥35.0 billion, were issued on August 20, 2020, through book running in the National Interbank Bond Market. The terms of issuance allowed for redemption on the distribution payment date of the fifth interest accrual year, which fell on August 24, 2025. Due to this being a non-working day, the payment of funds was postponed to the immediate following working day, August 25, 2025.

The announcement was made on August 26, 2025, from Beijing, PRC. The board of directors, through company secretary Liu Qing, confirmed the full redemption.