Industrial and Commercial Bank of China Limited (ICBC) has announced the redemption of its secondary capital bonds. The bank originally issued these bonds, with a total value of 30 billion yuan, in the national interbank bond market between January 19 and January 21, 2021. An announcement confirming the completion of this issuance was made on January 21, 2021. The terms outlined in the bond prospectus included an issuer call option, granting ICBC the right to fully redeem the bonds at their face value on the final day of the fifth interest accrual year, which fell on January 21, 2026. As of the date of the current announcement, the bank has exercised this redemption right and repurchased the entire bond issue in full.