Bond China Bank (Hong Kong) 1.445% ( HK0000140373 ) in HKD

Issuer China Bank (Hong Kong)
Market price 100 %  ⇌ 
Country  Hong Kong
ISIN code  HK0000140373 ( in HKD )
Interest rate 1.445% per year ( payment 1 time a year)
Maturity 22/02/2018 - Bond has expired



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Minimal amount 1 000 000 HKD
Total amount 107 000 000 HKD
Detailed description Bank of China (Hong Kong) is a major commercial bank in Hong Kong, a subsidiary of Bank of China, offering a wide range of financial services including retail banking, corporate banking, investment banking, and global markets.

Details are available regarding a specific fixed-income instrument, identified by the ISIN HK0000140373, which represents a bond issued by Bank of China (Hong Kong). This particular debt obligation has now successfully reached its full maturity and has been completely redeemed, marking the conclusion of its lifecycle. The issuer, Bank of China (Hong Kong) (BOCHK), stands as a prominent commercial banking group in Hong Kong, representing a significant component of the Bank of China group, one of the largest state-owned commercial banks in mainland China. BOCHK plays a crucial role in Hong Kong's financial landscape, offering a comprehensive range of banking services, including corporate banking, personal banking, and wealth management. Its well-established market position, stable credit profile, and integral function within the regional economy underpin the security and reliability of its debt instruments, making it a key player in the issuance of debt securities. This bond, denominated in Hong Kong Dollars (HKD), was issued out of Hong Kong, underscoring its connection to the local financial market and regulatory framework. The total issuance size amounted to HKD 107,000,000, indicating a substantial capital raise. It featured an annual interest rate, or coupon, of 1.445%, with interest payments made to bondholders once a year. Investors were required to purchase a minimum of HKD 1,000,000, a typical denomination for debt instruments primarily targeted at institutional investors or high-net-worth individuals rather than retail investors. The bond's definitive maturity date was February 22, 2018. Upon reaching this date, the principal amount was redeemed at 100% of its face value, meaning investors received their full initial investment back, in addition to the regular interest payments made throughout the bond's term. This successful redemption at par signifies a complete and orderly fulfillment of the issuer's financial obligations, reinforcing market confidence in Bank of China (Hong Kong)'s commitment to its bondholders.