Ge Long Hui·2025-09-25 14:43Core Viewpoint - The announcement by Bank of Communications (交通银行) regarding the issuance of perpetual bonds worth RMB 30 billion in the national interbank bond market highlights the bank's strategy to enhance its capital structure and provide flexibility for future financial management [1]. Summary by Relevant Sections - Bond Issuance Details - The bank plans to issue perpetual bonds with a total scale of RMB 30 billion [1]. - The bonds come with an issuer redemption right, allowing the bank to redeem the bonds in full or partially at face value at the end of the fifth year, specifically on September 25, 2025 [1]. - Redemption Rights - The bank has the right to exercise the redemption option, which can lead to the full redemption of the bonds by the specified date [1].