China Construction Bank redeems RMB 65 bn tier 2 capital bonds

China Construction Bank Corporation (the "Bank") announced the completion of the redemption of its RMB 65 billion domestic tier 2 capital bonds. These bonds, issued in September 2020 on the national interbank bond market, were subject to an issuer’s call option.

The Bank exercised its right to redeem the bonds at par value on the last day of the fifth interest-bearing year, September 14, 2025. This redemption follows the relevant provisions outlined in the bond prospectus.

Prior to the redemption, China Construction Bank obtained a no-objection letter from the National Financial Regulatory Administration. As of the announcement date, the Bank has fully redeemed the bonds, as confirmed by its board of directors.