中小银行专项债重启！吉林发行今年首单，260亿“补血”当地行

Core Viewpoint - The issuance of special bonds for small and medium-sized banks has resumed in Jilin, marking the first such issuance in 2025, with a total of 33.42764 billion yuan, of which 26 billion yuan is allocated for supporting the development of small and medium-sized banks [1][3] Group 1: Special Bonds Issuance - The special bonds have a term of 10 years and a coupon rate of 1.76%, rated AAA [1] - The funds from the 26 billion yuan special bonds will be used to support the establishment of a provincial rural commercial bank in Jilin, aimed at enhancing capital adequacy and operational strength [1][2] Group 2: Financial Strategy and Goals - The newly formed Jilin Rural Commercial Bank will focus on serving farmers, small enterprises, and local residents, aligning with the theme of improving quality and efficiency [2] - The bank aims to optimize its asset structure and enhance credit resource allocation to support the development of advantageous local industries [2] Group 3: Capital Adequacy Concerns - As of the first quarter of 2025, the capital adequacy ratios for city commercial banks and rural commercial banks were 12.44% and 12.96%, respectively, lower than the average ratios of large commercial banks at 17.79% and joint-stock commercial banks at 13.71% [3] - There is a pressing need for local banks to replenish capital to meet regulatory requirements, especially as the issuance of special bonds for capital supplementation had been stagnant since April 2024 [4]