智通财经网·2025-09-19 10:23Core Viewpoint - Agricultural Bank of China (ABC) has announced the approval of a capital tool and total loss-absorbing capacity non-capital bond plan at its upcoming 2025 annual general meeting, indicating a strategic move to enhance its capital structure [1] Group 1: Bond Issuance Details - The bank will issue the "Agricultural Bank of China Co., Ltd. 2025 Second Tier Capital Bonds (Phase III)" in the national interbank bond market, following approval from relevant regulatory authorities [1] - The total issuance scale of the bonds is RMB 60 billion, divided into two varieties: a 10-year fixed-rate bond with an issuance scale of RMB 35 billion and a coupon rate of 2.18%, and a 15-year fixed-rate bond with an issuance scale of RMB 25 billion and a coupon rate of 2.50% [1] - The 10-year bond includes a conditional issuer redemption right at the end of the fifth year, while the 15-year bond includes a conditional issuer redemption right at the end of the tenth year [1] Group 2: Fund Utilization - The funds raised from this bond issuance will be used to supplement the bank's tier 2 capital in accordance with applicable laws and regulatory approvals [1]