Gelonghui, April 12: Agricultural Bank (01288.HK) announced that in April 2019, the Bank issued 10-year secondary capital bonds (“current bonds”) worth RMB 40 billion in the national interbank bond market. According to the relevant provisions of the current bond offering instructions, the issuer has the right to redeem the current bond, and the issuer has the right to redeem the current bond at the end of the fifth year of the current bond, that is, on April 11, 2024.
As of the announcement date, with the approval of the State Financial Supervisory Administration, the Bank has exercised the right of redemption to fully redeem the current bond.