Obligation China Bank 4% ( XS1785829760 ) en USD

China Bank

100 % ▲

Hong kong

XS1785829760 ( en USD )

4% par an ( paiement semestriel )

07/03/2028

Prospectus brochure de l'obligation Bank of China XS1785829760 en USD 4%, échéance 07/03/2028

200 000 USD

250 000 000 USD

08/09/2025 ( Dans 66 jours )

La Banque de Chine (Bank of China) est l'une des quatre plus grandes banques d'État de Chine, offrant une large gamme de services financiers, tant sur le marché intérieur qu'à l'international.

L'obligation XS1785829760 émise par la Bank of China à Hong Kong, d'un montant total de 250 000 000 USD, avec un prix actuel de marché de 100%, offre un taux d'intérêt de 4% payable semestriellement et arrive à échéance le 07/03/2028, avec un investissement minimum de 200 000 USD.

FINAL VERSION
MiFID II product governance / Professional investors and ECPs only target market For the purposes of
Directive EU 2014/65/EU (as amended, "MiFID II"), the target market in respect of the Notes is expected to be
eligible counterparties and professional clients only, each as defined in MiFID II. Any person offering, selling or
recommending the Notes (a "distributor") should take into consideration such target market; however, a
distributor subject to MiFID II is responsible for undertaking its own target market assessment in respect of the
Notes and determining appropriate distribution channels.
This document is for distribution to professional investors (as defined in Chapter 37 of the Rules Governing the
Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") and in
the Securities and Futures Ordinance (Cap. 571) of Hong Kong) (together, "Professional Investors") only.
Investors should not purchase the Notes in the primary or secondary markets unless they are Professional
Investors and understand the risks involved. The Notes are only suitable for Professional Investors.
The Hong Kong Stock Exchange has not reviewed the contents of this document, other than to ensure that
the prescribed form disclaimer and responsibility statements, and a statement limiting distribution of this
document to Professional Investors only have been reproduced in this document. Listing of the Programme
and the Notes on Hong Kong Stock Exchange is not to be taken as an indication of the commercial merits
or credit quality of the Programme and the Notes, the Issuer or Bank of China Limited or quality of
disclosure in this document. Hong Kong Exchanges and Clearing Limited and the Hong Kong Stock Exchange
take no responsibility for the contents of this document, make no representation as to its accuracy or completeness
and expressly disclaim any liability whatsoever for any loss however arising from or in reliance upon the whole
or any part of the contents of this document.
This document includes particulars given in compliance with the Rules Governing the Listing of Securities on
The Stock Exchange of Hong Kong Limited for the purpose of giving information with regard to the Issuer. The
Issuer accepts full responsibility for the accuracy of the information contained in this document and confirms,
having made all reasonable enquiries, that to the best of its knowledge and belief there are no other facts the
omission of which would make any statement herein misleading.
PRICING SUPPLEMENT
Pricing Supplement dated 1 March 2018
Bank of China Limited, Hong Kong Branch
Issue of U.S.$250,000,000 4.00 per cent. Notes due 2028

under the U.S.$30,000,000,000 Medium Term Note Programme

The document constitutes the Pricing Supplement relating to the issue of Notes described herein.
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions (the "Conditions")
set forth in the offering circular dated 7 April 2017 (the "Offering Circular"). This Pricing Supplement contains
the final terms of the Notes and must be read in conjunction with the Offering Circular as so supplemented by the
supplemental offering circular dated 1 March 2018 (the "Supplemental Offering Circular").
1.
Issuer:
Bank of China Limited, Hong Kong Branch
2.
(i)
Series Number:
59

(ii)
Tranche Number:
001
3.
Specified Currency or Currencies:
United States dollars ("U.S.$")
4.
Aggregate Nominal Amount:
U.S.$250,000,000

(i)
Series:
U.S.$250,000,000
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(ii)
Tranche:
U.S.$250,000,000
5.
(i)
Issue Price:
99.122 per cent. of the Aggregate Nominal
Amount

(ii)
Net Proceeds:
Approximately U.S.$247 million
6.
(i)
Specified Denominations:
U.S.$200,000 and integral multiples of U.S.$1,000 in
excess thereof

(ii)
Calculation Amount:
U.S.$1,000
7.
(i)
Issue Date:
8 March 2018

(ii)
Interest Commencement Date:
Issue Date
8.
Status of the Notes:
Senior
9.
Maturity Date:
8 March 2028
10.
Interest Basis:
4.00 per cent. Fixed Rate
(further particulars specified below)
11.
Redemption/Payment Basis:
Redemption at par
12.
Change of Interest or Redemption/Payment Not Applicable
Basis:
13.
Put/Call Options:
Not Applicable
14.
Listing:
Application will be made to The Stock Exchange of
Hong Kong Limited ("Hong Kong Stock
Exchange")
Expected effective listing date is 9 March 2018
15.
(i)
Date of approval for issuance of Board approval: 28 April 2017
Notes obtained:
Shareholders' approval: 29 June 2017

(ii)
Date of regulatory approval(s) for NDRC pre-issuance registration: Pursuant to the
issuance of Notes obtained
Approval by the NDRC on the Administration of
Enterprises Foreign Debt Scale of 2018 Foreign Debt
Scale ( 2018
[2018]307
) issued by the NDRC on 9 February 2018 and a
quota of foreign debt to be issued up to March 2019
(the "Quota") granted by the NDRC on 9 February
2018, the Bank is not required to complete the pre-
issuance registration in respect of the Notes with the
NDRC as the Notes will be issued within the Quota.
16.
Method of distribution:
Syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
17.
Fixed Rate Note Provisions
Applicable
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(i)
Rate of Interest:
4.00 per cent. per annum payable semi-annually in
arrear

(ii)
Interest Payment Date(s):
8 March and 8 September in each year, not adjusted

(iii)
Fixed Coupon Amount:
U.S.$20.00 per Calculation Amount

(iv)
Broken Amount(s):
Not Applicable

(v)
Day Count Fraction:
30/360

(vi)
Other terms relating to the method of Not Applicable
calculating interest for Fixed Rate
Notes
18.
Floating Rate Note Provisions
Not Applicable
19.
Zero Coupon Note Provisions
Not Applicable
20.
Dual Currency Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
21.
Call Option
Not Applicable
22.
Put Option
Not Applicable
23.
Change of Control Put
Not Applicable
24.
Final Redemption Amount of each Note
U.S.$1,000 per Calculation Amount
25.
Early Redemption Amount
U.S.$1,000 per Calculation Amount

Early Redemption Amount(s) per Calculation
Amount payable on redemption for taxation
reasons, change of control or on event of
default or other early redemption and/or the
method of calculating the same (if required or
if different from that set out in the Conditions):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
26.
Form of Notes:
Registered Notes:
Global Note Certificate exchangeable for Individual
Note Certificates in the limited circumstances
described in the Global Note Certificate
27.
Additional Financial Centre(s) or other special Hong Kong
provisions relating to payment dates:
28.
Talons for future Coupons or Receipts to be Not Applicable
attached to Definitive Notes (and dates on
which such Talons mature):
29.
Details relating to Partly Paid Notes: amount Not Applicable
of each payment comprising the Issue Price
and date on which each payment is to be made
and consequences (if any) of failure to pay,
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including any right of the Issuer to forfeit the
Notes and interest due on late payment:
30.
Details relating to Instalment Notes: amount Not Applicable
of each instalment, date on which each
payment is to be made:
31.
Redenomination, renominalisation and
Not Applicable
reconventioning provisions:
32.
Consolidation provisions:
The provisions in Condition 21 (Further Issues) apply
33.
Any applicable currency disruption/fallback Not Applicable
provisions:
34.
Other terms or special conditions:
Not Applicable
DISTRIBUTION
35.
(i)
If syndicated, names of Managers:
Bank of China Limited, Bank of China (Hong Kong)
Limited, BOCI Asia Limited, Citigroup Global
Markets Limited, Commonwealth Bank of Australia,
Nomura International plc, Bank of Communications
Co., Ltd. Hong Kong Branch, Industrial and
Commercial Bank of China (Asia) Limited, Industrial
and Commercial Bank of China Limited Singapore
Branch, The Bank of Nova Scotia, Hong Kong
Branch and Wells Fargo Securities International Ltd
(the "Managers")

(ii)
Stabilising Manager(s) (if any):
Any of the Managers appointed and acting in its
capacity as stabilising manager
36.
If non-syndicated, name and address of Not Applicable
Dealer:
37.
U.S. Selling Restrictions:
Reg. S Category 2; TEFRA not applicable
38.
Prohibition of Sales to EEA Retail Investors:
Not Applicable
39.
Additional selling restrictions:
Not Applicable
OPERATIONAL INFORMATION
40.
ISIN Code:
XS1785829760
41.
Common Code:
178582976
42.
Legal Entity Identifier:
549300OGSFI8KL1WUU09
43.
CUSIP:
Not Applicable
44.
CMU Instrument Number:
Not Applicable
45.
Any clearing system(s) other than Euroclear/ Not Applicable
Clearstream, Luxembourg, DTC and the CMU
Service and the relevant identification
number(s):
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46.
Delivery:
Delivery against payment
47.
Trustee:
The Bank of New York Mellon, London Branch
48.
Additional Paying Agent(s) (if any):
Not Applicable

Alternative Trustee (if any):
Not Applicable
GENERAL
49.
Translation of the aggregate principal amount Not Applicable
of Notes issued:
50.
Ratings:
The Notes to be issued have been rated:
Moody's: A1;
Fitch: A; and
S&P: A.
STABILISING
In connection with this issue, any of the Managers appointed and acting in its capacity as stabilising manager (the
"Stabilising Manager") (or persons acting on behalf of any Stabilising Manager) may over-allot Notes or effect
transactions with a view to supporting the price of the Notes at a level higher than that which might otherwise
prevail for a limited period after the Issue Date. However, there is no obligation on such Stabilising Manager to
do this. Such stabilising, if commenced, may be discontinued at any time, and must be brought to an end after a
limited period. Such stabilising shall be in compliance with all applicable laws, regulations and rules.

PURPOSE OF PRICING SUPPLEMENT
This Pricing Supplement comprises the final terms required for issue and admission to trading on the Hong Kong
Stock Exchange of the Notes described herein pursuant to the U.S.$30,000,000,000 Medium Term Note
Programme of Bank of China Limited.

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