# IV NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)

# 30 DEBT SECURITIES ISSUED (Continued)

# (1) Bonds issued

<table><tr><td rowspan="2"></td><td rowspan="2"></td><td colspan="2">As at 31 December</td></tr><tr><td>2020</td><td>2019</td></tr><tr><td>2.75% USD fixed rate Green Bonds 
maturing in October 2020</td><td>(i)</td><td>-</td><td>3,488</td></tr><tr><td>5.30% subordinated fixed rate bonds 
maturing in June 2026</td><td>(ii)</td><td>50,000</td><td>50,000</td></tr><tr><td>4.99% subordinated fixed rate bonds 
maturing in December 2027</td><td>(iii)</td><td>50,000</td><td>50,000</td></tr><tr><td>4.45% Tier-two capital fixed rate bonds 
maturing in October 2027</td><td>(iv)</td><td>40,000</td><td>40,000</td></tr><tr><td>4.45% Tier-two capital fixed rate bonds 
maturing in April 2028</td><td>(v)</td><td>40,000</td><td>40,000</td></tr><tr><td>4.28% Tier-two capital fixed rate bonds 
maturing in March 2029</td><td>(vi)</td><td>50,000</td><td>50,000</td></tr><tr><td>4.30%Tier-two capital fixed rate bonds 
maturing in April 2029</td><td>(vii)</td><td>40,000</td><td>40,000</td></tr><tr><td>3.10% Tier-two capital fixed rate bonds 
maturing in April 2030</td><td>(viii)</td><td>40,000</td><td>-</td></tr><tr><td>4.53% Tier-two capital fixed rate bonds 
maturing in March 2034</td><td>(ix)</td><td>10,000</td><td>10,000</td></tr><tr><td>4.63% Tier-two capital fixed rate bonds 
maturing in April 2034</td><td>(x)</td><td>20,000</td><td>20,000</td></tr><tr><td>Medium term notes issued</td><td>(xi)</td><td>42,643</td><td>31,163</td></tr><tr><td>1.99% fixed rate financial bond 
maturing in April 2023</td><td>(xii)</td><td>20,000</td><td>-</td></tr><tr><td>3.68% CNY fixed rate Green Bonds 
maturing in June 2022</td><td>(xiii)</td><td>2,720</td><td>3,000</td></tr><tr><td>3.90% fixed rate financial bond 
maturing in November 2023</td><td>(xiv)</td><td>1,650</td><td>-</td></tr><tr><td>3.30% fixed rate financial bond 
maturing in September 2022</td><td>(xv)</td><td>3,870</td><td>2,890</td></tr><tr><td>2.68% fixed rate financial bond 
maturing in March 2023</td><td>(xvi)</td><td>4,000</td><td>-</td></tr><tr><td>4.70% fixed rate capital replenishment 
bond maturing in August 2021</td><td>(xvii)</td><td>2,410</td><td>3,000</td></tr><tr><td>3.40% fixed rate financial bond 
maturing in September 2024</td><td>(xviii)</td><td>2,000</td><td>1,880</td></tr><tr><td>2.75% fixed rate financial bond 
maturing in March 2025</td><td>(xix)</td><td>6,000</td><td>-</td></tr><tr><td>3.80% fixed rate financial bond 
maturing in June 2025</td><td>(xx)</td><td>500</td><td>-</td></tr><tr><td>5.55% fixed rate capital replenishment 
bond maturing in March 2028</td><td>(xxi)</td><td>3,500</td><td>3,500</td></tr><tr><td>3.60% fixed rate capital replenishment 
bond maturing in March 2030</td><td>(xxii)</td><td>1,500</td><td>-</td></tr><tr><td>Total nominal value</td><td></td><td>430,793</td><td>348,921</td></tr><tr><td>Less: Unamortized issuance cost and 
discounts</td><td></td><td>(90)</td><td>(235)</td></tr><tr><td>Total</td><td></td><td>430,703</td><td>348,686</td></tr></table>

# IV NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)

# 30 DEBT SECURITIES ISSUED (Continued)

# (1) Bonds issued (Continued):

Pursuant to the approval by relevant regulatory authorities, the bonds issued by the Group are set out as below:

(i) The USD green bonds issued in October 2015 have a tenor of 5 years matured in October 2020.

(ii) The subordinated fixed rate bonds issued in June 2011 have a tenor of 15 years, with a fixed coupon rate of 5.30%, payable annually. The Bank has an option to redeem all of the bonds at face value on 6 June 2021. If the Bank did not exercise this option, the coupon rate of the bonds would remain at 5.30% per annum from 7 June 2021 onwards.

(iii) The subordinated fixed rate bonds issued in December 2012 have a tenor of 15 years, with a fixed coupon rate of 4.99%, payable annually. The Bank has an option to redeem all of the bonds at face value on 19 December 2022. If the Bank did not exercise this option, the coupon rate of the bonds would remain at 4.99% per annum from 20 December 2022 onwards.

(iv) The Tier-two capital bonds issued in October 2017 have a tenor of 10 years, with a fixed coupon rate of 4.45% payable annually. The Bank has an option to redeem part or all of the bonds at face value on 16 October 2022 if specified redemption conditions as stipulated in the offering documents were met, subject to regulatory approval. If the Bank did not exercise this option, the coupon rate of the bonds would remain at 4.45% per annum from 17 October 2022 onwards. These Tier-two capital bonds have the write-down feature of a Tier-two capital instrument and they are qualified as Tier-two Capital Instruments in accordance with the CBIRC requirements.

(v) The Tier-two capital bonds issued in April 2018 have a tenor of 10 years, with a fixed coupon rate of 4.45% payable annually. The Bank has an option to redeem part or all of the bonds at face value on 26 April 2023 if specified redemption conditions as stipulated in the offering documents were met, subject to regulatory approval. If the Bank did not exercise this option, the coupon rate of the bonds would remain at 4.45% per annum from 27 April 2023 onwards. These Tier-two capital bonds have the write-down feature of a Tier-two capital instrument and they are qualified as Tier-two Capital Instruments in accordance with the CBIRC requirements.

(vi) The Tier-two capital bonds issued in March 2019 have a tenor of 10 years, with a fixed coupon rate of 4.28% payable annually. The Bank has an option to redeem part or all of the bonds at face value on 18 March 2024 if specified redemption conditions as stipulated in the offering documents were met, subject to regulatory approval. If the Bank did not exercise this option, the coupon rate of the bonds would remain at 4.28% per annum from 19 March 2024 onwards. These Tier-two capital bonds have the write-down feature of a Tier-two capital instrument and they are qualified as Tier-two Capital Instruments in accordance with the CBIRC requirements.

(vii) The Tier-two capital bonds issued in April 2019 have a tenor of 10 years, with a fixed coupon rate of 4.30% payable annually. The Bank has an option to redeem part or all of the bonds at face value on 10 April 2024 if specified redemption conditions as stipulated in the offering documents were met, subject to regulatory approval. If the Bank did not exercise this option, the coupon rate of the bonds would remain at 4.30% per annum from 11 April 2024 onwards. These Tier-two capital bonds have the write-down feature of a Tier-two capital instrument and they are qualified as Tier-two Capital Instruments in accordance with the CBIRC requirements.