ICBC Completes Full Redemption of RMB30 Billion Tier 2 Capital Bonds

Reuters01-21 17:18
ICBC Completes Full Redemption of RMB30 Billion Tier 2 Capital Bonds

Industrial and Commercial Bank of China Limited (ICBC) has announced the full redemption of its RMB30 billion tier 2 capital bonds. The bonds were originally issued in January 2021 in the National Interbank Bond Market, with a redemption option allowing the bank to redeem them at face value on the last day of the fifth interest accrual year. ICBC has exercised this option and completed the full redemption as of January 21, 2026.

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