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BCH files registrations for CLF 10M in UF-denominated bonds maturing 2034–2037

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Banco de Chile disclosed three registered bond series totaling CLF 10,000,000 (Sum of CLF 1,000,000; CLF 4,000,000; CLF 5,000,000). The Series GA bonds amounting to CLF 1,000,000 mature on May 1, 2034 with an average placement rate of 3.05%. The Series GD bonds amounting to CLF 4,000,000 mature on January 1, 2035 with an average placement rate of 3.09%. The Series HI bonds amounting to CLF 5,000,000, registered April 5, 2024, mature on June 1, 2037 with an average placement rate of 3.13%. The filing is signed by the General Counsel, Alfredo Villegas Montes.

Positive

  • Total funding registered of CLF 10,000,000 across three series increases secured long-term liquidity
  • Staggered maturities (2034, 2035, 2037) offer diversified duration management for the bank

Negative

  • New long-term debt obligation increases interest cost exposure at average placement rates of 3.05%–3.13%
  • No disclosure of use of proceeds or underwriters in the provided content limits assessment of strategic impact

Insights

TL;DR Banco de Chile registered long-dated bond issuances totaling CLF 10,000,000 across three series at average rates ~3.05%–3.13%.

The filing documents the registration details, maturities, and average placement rates for three bond series. For fixed-income investors, the staggered maturities (2034, 2035, 2037) provide diversified duration exposure and clarity on the bank's upcoming debt schedule. The average placement rates around 3.05%–3.13% define the coupon/cost environment implied at issuance; investors should compare these rates to prevailing CPI/UF-linked yields in Chile to assess relative value. The disclosure is routine and informational.

TL;DR The bank secured registered funding in UF with multi-year maturities, increasing long-term liabilities by CLF 10,000,000.

The registration of Series GA, GD and HI formalizes issuance terms and legal placement capacity. The aggregate CLF 10,000,000 increases the bank's long-term funding profile with maturities from 2034 to 2037, which may support liquidity planning or balance sheet management. The filing contains no details about use of proceeds or underwriting, so material intent behind the funding is not disclosed in this document.

 

 

FORM 6-K

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

 

For the month of September, 2025

 

Commission File Number 001-15266

 

BANK OF CHILE

(Translation of registrant’s name into English)

 

Ahumada 251
Santiago, Chile

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F  ☒            Form 40-F  ☐

 

 

 

 

 

 

BANCO DE CHILE

REPORT ON FORM 6-K

 

Attached is an English translation of a letter filed by Banco de Chile with the Chilean Financial Market Commission and local stock exchanges, informing as Material Information that Banco de Chile placed certain bonds in the local market.

 

Santiago, September 5, 2025

 

Mrs.

Solange Berstein Jáuregui

President

Financial Market Commission

Present

 

Of our consideration:

 

Pursuant to Articles 9 and 10 of Law No. 18,045, Chapter No. 18-10 of the Restated Regulations for Banks issued by the Financial Market Commission (“CMF”) and General Rule (“NCG”) No. 30 of the CMF, as amended by NCG No. 486 of the CMF, duly authorized for this purpose, I inform you the following as Material Information regarding this institution:

 

Today, September 5, 2025, the placement in the local market of three senior, dematerialized and bearer bonds issued by Banco de Chile was carried out.

 

The specific conditions of this placement were the following:

 

Serie GA Bonds, registered in the CMF’s Securities Registry under number 11/2022, for a total amount of Chilean UF (CLF) 1,000,000, with a maturity date of May 1, 2034, and an average placement rate of 3.05%.

 

Serie GD Bonds, registered in the CMF’s Securities Registry under number 11/2022, for a total amount of Chilean UF (CLF) 4,000,000, with a maturity date of January 1, 2035, and an average placement rate of 3.09%.

 

Serie HI Bonds, registered in the CMF’s Securities Registry, with registration number 20240002 dated April 5, 2024, for a total amount of Chilean UF (CLF) 5,000,000, with a maturity date of June 1, 2037, and an average placement rate of 3.13%.

 

Sincerely,

 

Alfredo Villegas Montes

General Counsel

 

1

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: September 5, 2025

 

  Banco de Chile
   
  /s/ Alfredo Villegas Montes
  By: Alfredo Villegas Montes
    General Counsel

 

 

2

 

FAQ

What bond series did Banco de Chile (BCH) register?

The filing registers Series GA (CLF 1,000,000), Series GD (CLF 4,000,000) and Series HI (CLF 5,000,000).

What are the maturities and rates for the bonds?

Series GA matures May 1, 2034 at an average placement rate of 3.05%; Series GD matures Jan 1, 2035 at 3.09%; Series HI matures Jun 1, 2037 at 3.13%.

How much total funding was registered in the filing?

The aggregate amount registered is CLF 10,000,000.

Does the filing state how Banco de Chile will use the proceeds?

The provided content does not disclose any use of proceeds.

Who signed the report for Banco de Chile (BCH)?

The filing is signed by Alfredo Villegas Montes, General Counsel.
Banco Chile

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