CCB announced that the Bank has exercised the right of redemption to fully redeem the domestic 2021 Tier 2 capital bonds. The bond is a 10-year fixed interest rate bond with an issuance scale of 35 billion yuan. The issuer has the right of redemption with conditions at the end of the 5th year. The redemption date is November 9, 2026. Prior to redemption, the Bank had obtained a reply from the China Financial Supervisory Administration without objection to the redemption.

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