HSBC 6.262% 03Nov2037 Corp (USD)

Bond Factsheet

HSBC Holdings PLC

Indicative

Full Lot

Bid Price

100.378

Change in Bid Price

0.378

Bid Yield (%)

6.172 %

Change in Bid Yield

remove 0.090

Ask Price

100.519

Change in Ask Price

0.519

Ask Yield (%)

6.155 %

Change in Ask Yield

remove 0.107

Indicative price as of 30 Oct 2026, 8:38am

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Bond Information

HSBC Holdings PLC operates as a holding company. The Company, through its subsidiaries, provides personal and corporate banking, trade, investments, loans, mortgages, securities, custody, capital markets, treasury, insurance, and financial services. HSBC Holdings serves customers worldwide.

Bond Issuer

HSBC Holdings PLC

Guarantor

Announcement Date

29 Oct 2026

Issue Date

03 Nov 2026

Maturity Date

03 Nov 2037

Years to Maturity / Next Call

11.018 / 10.018

Modified Duration

7.629 @ 29 Oct 2026

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

6.262

Coupon Type

Variable

Annual Coupon Rate

6.262

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Capital Structure

Senior Unsecured

Reference Rate

Reset Date: 03 November 2036 and quarterly thereafter
Reset Rate: SOFR Rate + Initial Margin (1.660%)

ISIN

US404280FX27

CUSIP

404280FX2

Bond Currency

USD

Total Issue Size

2,500,000,000

Min. Investment Quantity (Nominal)

USD 200,000

Incremental Quantity (Nominal)

USD 1,000

Bond Type

Corporate

Bond Sector

Financials

Bond Sub Sector

Banks

Issuer Credit Rating (S&P/ Fitch)

***/ A+

Bond Credit Rating (S&P/ Fitch)

***/ A+

Shariah Compliant

Exchange Listed

Others

Bond Feature(s)

Loss Absorption

Agreement with Respect to the Exercise of UK Bail-in Power

By its acquisition of the Notes, each noteholder (which, for these purposes, includes each beneficial owner) will acknowledge, accept, consent and agree, notwithstanding any other term of the Notes, the Indenture or any other agreements, arrangements or understandings between us and any noteholder, to be bound by (a) the effect of the exercise of any UK bail-in power by the relevant UK resolution authority in relation to any Notes that (without limitation) may include and result in any of the following, or some combination thereof: (i) the reduction of all, or a portion, of the Amounts Due; (ii) the conversion of all, or a portion, of the Amounts Due into our or another person’s ordinary shares, other securities or other obligations (and the issue to, or conferral on, the noteholder of such ordinary shares, other securities or other obligations), including by means of an amendment, modification or variation of the terms of the Notes or the Indenture; (iii) the cancellation of the Notes; and/or (iv) the amendment or alteration of the Maturity Date of the Notes or amendment of the amount of interest payable on the Notes, or the interest payment dates, including by suspending payment for a temporary period; and (b) the variation of the terms of the Notes or the Indenture, if necessary, to give effect to the exercise of any UK bail-in power by the relevant UK resolution authority. No repayment or payment of Amounts Due will become due and payable or be paid after the exercise of any UK bail-in power by the relevant UK resolution authority if and to the extent such amounts have been reduced, converted, cancelled, amended or altered as a result of such exercise. Moreover, each noteholder (which, for these purposes, includes each beneficial owner) will consent to the exercise of any UK bail-in power as it may be imposed without any prior notice by the relevant UK resolution authority of its decision to exercise such power with respect to the Notes.

Issuer Call

Following the 20[TBD] Fixed/Floating Rate Notes Make-Whole Redemption Period, we may also redeem the 20[TBD] Fixed/Floating Rate Notes in whole (but not in part) in our sole discretion on the 20[TBD] Fixed/Floating Rate Notes Par Redemption Date (a “20[TBD]Fixed/Floating Rate Notes Par Redemption”). The redemption price will be equal to 100% of their principal amount plus any accrued and unpaid interest to (but excluding) the 20[TBD] Fixed/ Floating Rate Notes Par Redemption Date.

Par Call: 12 month(s) prior to maturity

Make Whole Call

We may, in our sole discretion, redeem the 20 [TBD] Fixed/Floating Rate Notes during the 20 [TBD]Fixed/Floating Rate Notes Make-Whole Redemption Period (as defined below), in whole at any time during such period or in part from time to time during such period, at a redemption price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of:

(i) 100% of the principal amount of the 20[TBD] Fixed/Floating Rate Notes to be redeemed; and

(ii) as determined by the Determination Agent, the sum of the present values of (a) the principal amount of the 20 [TBD] Fixed/Floating Rate Notes to be redeemed (discounted from the 20 [TBD]Fixed/Floating Rate Notes Par Redemption Date) and (b) the remaining payments of interest to be made on any scheduled 20[TBD] Fixed/ Floating Rate Notes Interest Payment Date to (and including) the 20[TBD] Fixed/Floating Rate Notes Par Redemption Date for the 20 [TBD] Fixed/Floating Rate Notes to be redeemed, discounted to the applicable redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Reference Treasury Rate plus [TBD] basis points less an amount equal to any accrued and unpaid interest to (but excluding) the applicable redemption date, if any, on the principal amount of the 20[TBD] Fixed/ Floating Rate Notes to be redeemed,

in each case, plus any accrued and unpaid interest on the 20 [TBD] Fixed/Floating Rate Notes to be redeemed to (but excluding) the applicable redemption date (each, a “20[TBD] Fixed/Floating Rate Notes Make-Whole Redemption”).

Optional Redemption by Issuer Make Whole Call: until Nov 03, 2036

Additional Note

Redemption upon Loss Absorption Disqualification Event

Following the occurrence of a Loss Absorption Disqualification Event, we may, on the terms and subject to the provisions set forth under “Description of the Notes—Redemption,” in our sole discretion, redeem the Notes in whole, but not in part (such option to redeem being referred to herein as a “Loss Absorption Disqualification Event Redemption Option”), at a redemption price equal to 100% of their principal amount, plus any accrued and unpaid interest to (but excluding) the applicable redemption date.

A “Loss Absorption Disqualification Event” shall be deemed to have occurred if the Notes become fully or partially ineligible to count towards our and/or the HSBC Group’s minimum requirements for (A) own funds and eligible liabilities and/or (B) loss absorbing capacity, in each case as determined in accordance with and pursuant to the relevant Loss Absorption Regulations applicable to us and/or the HSBC Group, as a result of any:

(a) Loss Absorption Regulation becoming effective after the Issue Date; or

(b) amendment to, or change in, any Loss Absorption Regulation, or any change in the application or official interpretation of any Loss Absorption Regulation, in any such case becoming effective on or after the Issue Date,

provided, however, that a Loss Absorption Disqualification Event shall not occur where the exclusion of the Notes from the relevant minimum requirement(s) is due to the remaining maturity of the Notes being less than any period prescribed by any applicable eligibility criteria for such minimum requirement(s) under the relevant Loss Absorption Regulations effective with respect to us and/or the HSBC Group on the Issue Date.

Bondsupermart strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.

Coupon Dates	Coupon Receive	Principal Amount	Cash Flow

No Data