BNKEA 6.750% 27Jun2034 Corp (USD)

Bond Factsheet

Marketplace

Bank of East Asia Ltd

Full Lot

Bid Price

101.611

Change in Bid Price

Bid Yield (%)

6.093 %

Change in Bid Yield

Bid Volume

250,000

Ask Price

102.111

Change in Ask Price

Ask Yield (%)

5.894 %

Change in Ask Yield

Ask Volume

250,000

Price as of 07 Oct 2026, 1:27am

Odd Lot

Bid Price

101.821

Change in Bid Price

remove 3.092

Bid Yield (%)

6.009 %

Change in Bid Yield

0.980

Bid Volume

100,000

Ask Price

102.161

Change in Ask Price

remove 2.752

Ask Yield (%)

5.874 %

Change in Ask Yield

0.845

Ask Volume

100,000

Price as of 07 Oct 2026, 1:27am

chevron_leftchevron_right

Bond Information

The Bank of East Asia, Limited and its subsidiaries provide general banking, related financial, business corporate, and investor services.

Bond Issuer

Bank of East Asia Ltd

Guarantor

Announcement Date

20 Jun 2024

Issue Date

27 Jun 2024

Maturity Date

27 Jun 2034

Years to Maturity / Next Call

7.726 / 2.724

Modified Duration

5.821 @ 06 Oct 2026

Issue / Reoffer Price

99.616

Issue / Reoffer Yield

6.842

Coupon Type

Variable

Annual Coupon Rate

6.750

Coupon Frequency

Semi Annually

Seniority

Subordinated

Capital Structure

Tier 2

Reference Rate

Reset Date: 27 June 2029
Reset Rate: prevailing 5-year U.S. Treasury Rate + Spread (2.550%)

ISIN

XS2813323685

CUSIP

YX8596133

Bond Currency

USD

Total Issue Size

650,000,000

Min. Investment Quantity (Nominal)

USD 250,000

Incremental Quantity (Nominal)

USD 1,000

Bond Type

Corporate

Bond Sector

Financials

Bond Sub Sector

Banks

Issuer Credit Rating (S&P/ Fitch/ MARC)

***/ N.R/ W.R

Bond Credit Rating (S&P/ Fitch/ MARC)

***/ N.R/ N.R

Shariah Compliant

Exchange Listed

HKEX

Bond Feature(s)

Loss Absorption

Tier 2

Bail-in

Regulatory Qualification

The Notes are intended to qualify as a Tier 2 capital under the Banking (Capital) Rules (Cap. 155L) of Hong Kong and a Loss Absorbing Instrument under the Financial Institutions (Resolution) (Loss-absorbing Capacity Requirements – Banking Sector) Rules (Cap. 628B) of Hong Kong (the “LAC Rules”)

Non-Viability Loss Absorption

Permanent Write-off (in whole or part) of principal and/or interest by an amount equal to the amount as the HKMA may direct or, in the absence of such a direction, as the Issuer shall (in consultation with the HKMA) determine to be necessary to satisfy the HKMA that the Non-Viability Event will cease to continue

Non-Viability Event” means the earlier of the HKMA notifying the Issuer in writing:

• that the HKMA is of the opinion that a Write-off or conversion is necessary, without which the Issuer would become non-viable; and

• that a decision has been made by the government body, a government officer or other relevant regulatory body with the authority to make such a decision, that a public-sector injection of capital or equivalent support is necessary, without which the Issuer would become non-viable

Hong Kong Resolution Authority Power

The Notes are subject to (without limitation) the reduction or cancellation of all or a part of the principal amount of, or interest on, the Notes, the conversion of all or a part of the principal amount of, or interest on, the Notes, the amendment or alteration of the maturity of the Notes, and/or the amendment or alteration of the amount of interest payable on the Notes

Issuer Call

Subject to Condition 6(l), if Call Option is specified hereon, the Issuer may, on giving not less than 15 nor more than 30 days’ irrevocable notice to the Noteholders (or such other notice period as may be specified hereon) redeem all or, if so provided, some of the Notes on the date(s) specified hereon (the “Optional Redemption Date”) provided that, in the case of Dated Subordinated Notes, no such notice of redemption shall be given prior to the compliance with Condition 6(l). Any such redemption of Notes shall be at, subject to adjustment following the occurrence of a Non-Viability Event in accordance with Condition 7, the Optional Redemption Amount specified hereon together with interest accrued but unpaid (if any) to (but excluding) the date fixed for redemption. Any such redemption or exercise must relate to Notes of a principal amount at least equal to the Minimum Redemption Amount to be redeemed specified hereon and no greater than the Maximum Redemption Amount to be redeemed specified hereon.

Optional Redemption Date: 27 June 2029, subject to the prior written consent of the Monetary Authority

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