Bank of China Limited (Bank of China, 03988) announced two new offerings under its USD 40 billion Medium Term Note Programme, both to be listed on the Hong Kong Stock Exchange for professional investors only. The notes are issued by Bank of China Limited, acting through its Sydney Branch. Key terms are as follows:

• U.S. Dollar Tranche • Size: USD 0.50 billion • Format: Floating-rate notes, Compounded SOFR + 0.38 % per annum • Issue Price: 100.00 % of principal • Maturity: 28 May 2031 • First Interest Payment: 28 August 2026; subsequent payments quarterly • Ratings (expected): Moody’s A1 / S&P A / Fitch A • Use of Proceeds: General corporate purposes • Listing: Hong Kong Stock Exchange (effective 29 May 2026)

• Renminbi Tranche • Size: CNY 2.00 billion • Coupon: 1.65 % per annum, payable semi-annually • Issue Price: 100.00 % of principal • Maturity: 28 May 2029 • First Interest Payment: 28 November 2026 • Ratings (expected): Moody’s A1 / S&P A / Fitch A • Use of Proceeds: General corporate purposes • Listing: Hong Kong Stock Exchange (effective 29 May 2026)

Both tranches qualify as senior unsecured obligations of Bank of China Limited. The issuance falls within the bank’s existing foreign-debt quota registered with China’s National Development and Reform Commission (NDRC), eliminating the need for separate pre-issue filing. Payments will be made free of PRC withholding tax subject to conditions outlined in the terms; Australian tax considerations also apply as the notes are issued through Bank of China’s Sydney Branch.

Settlement will occur on 28 May 2026. The programme allows further issuance up to USD 40 billion equivalent, with net proceeds earmarked for general corporate purposes.