...December 3, 2025 HONG KONG (S&P Global Ratings) Dec. 4, 2025--S&P Global Ratings today assigned its 'A' long- term issue rating to the fixed-rate and floating-rate notes that Bank of China Ltd.'s (BOC) Hong Kong branch proposes to issue. The issue rating is subject to our review of the final terms and conditions. China-based BOC will draw down the Hong Kong dollar-denominated fixed-rate notes and U.S. dollar-denominated floating-rate notes from its US$40 billion medium-term note (MTN) program. Investors can redeem the notes at par on maturity. The notes will constitute direct, general, unsubordinated, unconditional, and unsecured obligations of the issuer, BOC's Hong Kong branch. They will at all times rank equally with the branch's other present and future senior unsecured obligations except for those preferred by law. The issuer intends to use the proceeds for general corporate purposes. The rating on the notes reflects our long-term issuer credit rating on BOC (A/Stable/A-1). We view...
