The BOCHK Group launches RMB Sovereign Bonds subscription offers and extends service hours of subscription hotlines

20 Nov 2014

The BOCHK Group [comprising Bank of China (Hong Kong) ("BOCHK"), Nanyang Commercial Bank ("NCB") and Chiyu Banking Corporation ("Chiyu")] announced a series of privileges Note for subscription of RMB sovereign bonds. These offers include full fee waivers, as well as exchange rate and time deposit interest rate privileges, which are all designed to help customers maximise their wealth potential. In addition, the subscription hotlines of the BOCHK Group will extend service hours to facilitate customers for RMB sovereign bonds subscription.

From 9 am on 21 November to 2 pm on 5 December 2014 ("subscription period"), customers who subscribe for RMB sovereign bonds through the BOCHK Group can enjoy:

  • Full fee waivers, including the 0.15% subscription fee, custody fee, interest collection fee, transfer fee and brokerage fee for sell transactions. No redemption fee at maturity and no handling fee for secondary market transactions 
  • A flat interest rate of 3.10% p.a. for placing a three-month RMB time deposit with new funds while subscribing for any bonds
  • RMB exchange rate premiums of up to 30 basis points
  • A lucky draw chance to win a "BOCHK 9999 Gold Medal" (Special Limited Edition) for accumulated conversion of every RMB100,000 from HKD

During the subscription period, subscription for RMB sovereign bonds can be made through investment service counters of over 260 branches, internet banking or subscription hotlines of the BOCHK Group (BOCHK: www.bochk.com / (852) 3988 2688; NCB: www.ncb.com.hk / (852) 2850 1228 and Chiyu: www.chiyubank.com / (852) 2232 3887). Service hours of the above subscription hotlines will also be extended during the subscription period, i.e. from 8 am to 8 pm from Mondays to Fridays, and from 8 am to 3 pm on Saturdays.

For enquiry of RMB sovereign bonds subscription service and privileges, please call the related Customer Service Hotlines [BOCHK: (852) 2105 8900, NCB: (852) 2622 2633 and Chiyu: (852) 2232 3633], or visit any of the BOCHK Group's branches.

Note: Offers are subject to relevant terms and conditions.

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About Bank of China (Hong Kong) Limited

Bank of China (Hong Kong) Limited ("BOCHK"), established on 1 October 2001, is a leading listed commercial banking group in Hong Kong. With over 260 branches, more than 600 ATMs and other distribution channels in Hong Kong, BOCHK and its subsidiaries offer a comprehensive range of financial products and services to personal and corporate customers. BOCHK is one of the three note issuing banks in Hong Kong. In addition, the BOCHK Group (comprising BOCHK, Nanyang Commercial Bank and Chiyu Banking Corporation) and its subsidiaries have 43 branches and sub-branches in the Mainland of China to provide cross-border banking services to customers in Hong Kong and the Mainland. BOCHK is appointed by the People's Bank of China as the Clearing Bank for Renminbi business in Hong Kong, and is authorised as the Clearing Bank of RMB banknotes business for the Taiwan region.

BOC Hong Kong (Holdings) Limited, BOCHK's holding company, began trading on the main board of the Stock Exchange of Hong Kong on 25 July 2002, with stock code  "2388", ADR OTC Symbol "BHKLY".



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