On November 25, Glonghui reported that the Bank of China (601988.SH) announced that on November 20, 2019, the Bank of China Limited (referred to as "the bank") issued 10-year fixed-rate subordinated capital bonds totaling 30 billion yuan.
According to the relevant terms of the offering circular for these bonds, there is an issuer redemption right, allowing the issuer to redeem the bonds at the end of the fifth year, specifically on November 22, 2024. As of the date of this announcement, the bank has exercised its redemption right and fully redeemed the bonds.
