CITIC Limited Half-Year Report 2019

91 CITIC Limited Half-Year Report 2019 For the six months ended 30 June 2019 26 Debt instruments issued (continued) Notes (continued): (c) Subordinated bonds issued The balance represents the subordinated debts issued by CITIC Bank or CITIC Bank International Limited (“CBI”), a subsidiary of CITIC Bank. The carrying amount of subordinated debts is as follows: 30 June 2019 31 December 2018 HK$ million HK$ million Fixed rate notes maturing – In June 2020 (note (i)) 2,401 3,955 – In February 2024 (note (ii)) 3,870 – – In May 2024 (note (iii)) – 2,345 Fixed rate bonds maturing – In May 2025 (note (iv)) 13,073 13,125 – In June 2027 (note (v)) 22,718 22,806 – In August 2024 (note (vi)) 42,033 42,196 – In September 2028 (note (vii)) 34,090 34,238 – In October 2028 (note (viii)) 22,736 22,820 140,921 141,485 As at 30 June 2019 Denominated currency Face value in denominated currency million Issue date Maturity date Interest rate per annum (i) Subordinated Notes US$ 304 24/06/2010 24/06/2020 6.88% (ii) Subordinated Notes US$ 500 28/02/2019 28/02/2024 4.63% (iv) Subordinated Fixed Rate Bonds RMB 11,500 28/05/2010 28/05/2025 4.30% (v) Subordinated Fixed Rate Bonds RMB 20,000 21/06/2012 21/06/2027 5.15% (vi) Subordinated Fixed Rate Bonds RMB 37,000 26/08/2014 26/08/2024 6.13% (vii) Subordinated Fixed Rate Bonds RMB 30,000 13/09/2018 13/09/2028 4.96% (viii)Subordinated Fixed Rate Bonds RMB 20,000 22/10/2018 22/10/2028 4.80% As at 31 December 2018 Denominated currency Face value in denominated currency million Issue date Maturity date Interest rate per annum (i) Subordinated Notes US$ 500 24/06/2010 24/06/2020 6.88% (iii) Subordinated Notes US$ 300 07/11/2013 07/05/2024 6.00% (iv) Subordinated Fixed Rate Bonds RMB 11,500 28/05/2010 28/05/2025 4.30% (v) Subordinated Fixed Rate Bonds RMB 20,000 21/06/2012 21/06/2027 5.15% (vi) Subordinated Fixed Rate Bonds RMB 37,000 26/08/2014 26/08/2024 6.13% (vii) Subordinated Fixed Rate Bonds RMB 30,000 13/09/2018 13/09/2028 4.96% (viii)Subordinated Fixed Rate Bonds RMB 20,000 22/10/2018 22/10/2028 4.80% (d) Certificates of deposit issued These certificates of deposit were issued by CBI with interest rate ranging from 2.26% to 3.13% per annum (31 December 2018: 2.05% to 2.26% per annum). Notes to the Consolidated Financial Statements