According to the Shanghai Securities News, on November 20, the Bank of China completed the issuance of the second phase of the second-tier capital bond in 2019, with a scale of 30 billion yuan. The funds were raised to supplement the secondary capital, enhance capital strength, and improve risk resilience. . The bond is a 10-year fixed-rate variety with the issuer's redemption right at the end of the fifth year. The final coupon rate is 4.01%, and the total subscription multiple is about 2.66 times. In this bookkeeping, Bank of China successfully tested the self-developed blockchain bond issuance system.