Dear customers,
Phase 13 HJBYDUSD1109, one of Bank of China USD Monthly Automatic Renewal wealth management product series, is offered for public sale to individual investors from August 22 to September 1, 2011.
The monthly automatic renewal wealth management product, a principal-guaranteed, structured one for automatic renewal, consists of a series of single, variable-term products with the same structure and fixed term. The interest of the product of each phase accrues at the beginning of the month when the sales period ends and matures at the end of the month. The bank has unilateral termination right before the maturity date of the current product. Each phase of the product may have different yields depending on market factors. The bank will pay the investment returns of the current product in a lump sum upon premature termination or normal maturity, and refund the total subscription amount concurrently. When a product series goes into its duration, Bank of China will announce the investment term, yield and other details of the current product at least three working days before each product investment returns start date. Investors can apply for terminating this product series before its interest start date, and will not participate in subscription of the subsequent phases by automatic deduction. If investors do not terminate this product series, the bank will deduct customers' funds automatically at the agreed date in accordance with the entrustment, to renew investment in the next phase.
HJBYDUSD product series are invested in USD, and 24 phases of single, variable-term product will be offered for sale. The investment returns start date of each phase will be the second working day of the interest start month and the maturity date is the last working day of the month. The product details are as follows:
| Series Code |
Series Short Name |
Current Product Code |
Currency |
Yield (Annual Rate) |
Investment Returns Start Date |
Maturity Date |
SalesTerritory |
| HJBYDUSD |
USD Monthly Automatic Renewal |
HJBYDUSD1109 |
USD |
2.50% |
September 2, 2011 |
September 30, 2011 (subject to the termination clause) |
Beijing, Hunan, Jiangxi, Sichuan, Qinghai, Liaoning, Chongqing, Hebei, Shandong, Jilin, Shanghai, Ningxia, Shaanxi, Anhui, Guangxi, Guangdong, Hainan, Fujian, Jiangsu, Zhejiang, Tianjin, Henan, Inner Mongolia, Shanxi and Shenzhen |
During the subscription period of each phase, Bank of China will publish the public offering notice, the product manual and other details on its website. Please navigate through "Homepage >> Information >> Product Announcement" for the public offering notice and the product manual, or through "Homepage >> Financial Data >> Net Value of Financial Products" for the yield of each phase.
Please refer to the product manual or consult the relationship manager for product details. Product sale and subscription information shall be subject to notices published by local outlets of the bank.
Thank you for your kind attention and support to the wealth management products of Bank of China!
August 19, 2011
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