Bank of China, acting as the joint lead manager, bookrunner, and cross-currency swap bank for the issuance, recently assisted the Export-Import Bank of Korea (KEXIM) in issuing its HKD-denominated bonds, or "Wonton Bond". The issue size of the 3-year bond is HKD 4 billion, with a coupon rate 3.324%, setting a new record for the largest issuance scale for Korean institution offering bonds denominated in HKD market.

Wonton Bond refers to public HKD-denominated bonds issued by international multilateral institutions, policy institutions, financial institutions, and corporations in Hong Kong's offshore market. As the public export credit body established by the Korean government, one of the main functions of the KEXIM is to promote international trade and cooperation. The fund raised from this issuance will be used to cater to its demand for liquidity in foreign currency and cross-border financing projects.

In the past few years, BOC has seized opportunities of the Wonton Bond market growth to facilitate the efficient execution of the bond issuance, leveraging its professional capabilities and comprehensive service strengths in the debt capital market . In July 2025, BOC assisted KEXIM in issuing its inaugural HKD 2.4 billion Wonton Bond, setting a record for the highest subscription multiple for Wonton Bond that year. It caters to the demands of diverse investors and enhances the trading activity and liquidity in the HKD bond market.

BOC will continue to seize market opportunities and provide more efficient one-stop and full-chain financial services for customers by leveraging its global expertise and offshore bond underwriting experience, contributing greater efforts to consolidate and enhance Hong Kong's status as an international financial center.