BCH files three UF-denominated bond series totaling CLF 3.05M with maturities to 2036

Rhea-AI Filing Summary

Banco de Chile disclosed registration details for three bond series in Chilean UF. Serie FU totals CLF 800,000 maturing Nov 1, 2032 with an average placement rate of 2.91%. Serie GA totals CLF 150,000 maturing May 1, 2034 with an average placement rate of 2.98%. Serie HH totals CLF 2,100,000 maturing Dec 1, 2036 with an average placement rate of 3.08%.

The filing records registration numbers for the series in the CMF securities registry and is signed by Sergio Karlezi Aboitiz, Treasury Division Manager. The disclosure provides the core terms—amounts, maturities and average rates—without additional context on use of proceeds or accounting treatment.

Positive

• Three bond series registered with explicit terms, improving transparency on Banco de Chile's funding plan
• Staggered maturities (2032–2036) provide tenor diversification of long-term liabilities
• Average placement rates are stated (2.91%–3.08%), allowing investors to gauge pricing

Negative

• Increases long-term debt obligations up to Dec 1, 2036 without disclosed use of proceeds
• No information on proceeds allocation, covenants, or impact on capital ratios, limiting investor assessment

Insights

Financial Analyst

TL;DR: Three bond series were registered, expanding Banco de Chile's long-term funding with staggered maturities and modest fixed rates in UF.

The filing lists concrete issuance terms: amounts denominated in Chilean UF, explicit maturities and average placement rates. These details inform refinancing and liquidity profiles by adding predictable long-term obligations maturing between 2032 and 2036. The disclosure lacks proceeds allocation, covenants, or impact on balance-sheet metrics, so assessment of credit or liquidity impact requires further data.

Debt Markets Specialist

TL;DR: Registration of three UF-denominated bond tranches signals routine medium-term funding activity with market-rate coupons.

Terms show incremental long-duration issuance priced around 2.9%–3.08% (average placement rates) in UF units, consistent with medium-term funding costs in local markets. The largest tranche (Serie HH, CLF 2,100,000) extends tenor to 2036, which may help match long-duration assets or liabilities. The filing provides no underwriting or market placement details, restricting assessment of execution quality.

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 22, 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 22, 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 FU Bonds, registered in the CMF’s Securities Registry under number 11/2022, for a total amount of Chilean UF (CLF) 800,000, with a maturity date of November 1, 2032, and an average placement rate of 2.91%.

● Serie GA Bonds, registered in the CMF’s Securities Registry under number 11/2022, for a total amount of Chilean UF (CLF) 150,000, with a maturity date of May 1, 2034, and an average placement rate of 2.98%.

● Serie HH Bonds, registered in the CMF’s Securities Registry, with registration number 20240002 dated April 5, 2024, for a total amount of Chilean UF (CLF) 2,100,000, with a maturity date of December 1, 2036, and an average placement rate of 3.08%.

Sincerely,

Sergio Karlezi Aboitiz

Treasury Division Manager

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 22, 2025

	Banco de Chile
	/s/ Sergio Karlezi Aboitiz
	By:	Sergio Karlezi Aboitiz
		Treasury Division Manager

2

FAQ

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

The filing registers Serie FU (CLF 800,000), Serie GA (CLF 150,000), and Serie HH (CLF 2,100,000).

What are the maturities and average placement rates for the registered bonds?

Serie FU matures Nov 1, 2032 at 2.91%; Serie GA matures May 1, 2034 at 2.98%; Serie HH matures Dec 1, 2036 at 3.08%.

In what currency are the bonds denominated?

All series are denominated in Chilean UF (CLF) as stated in the filing.

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

No. The filing does not disclose use of proceeds or allocation details.

Who signed the filing on behalf of Banco de Chile?

The filing is signed by Sergio Karlezi Aboitiz, Treasury Division Manager.