农业银行完成发行400亿元无固定期限资本债券

Core Viewpoint - Agricultural Bank of China (601288) has successfully issued the second phase of perpetual capital bonds, raising a total of RMB 40 billion, with a fixed interest rate for the first five years set at 2.27% [1] Group 1: Bond Issuance Details - The total issuance scale of the bonds is RMB 40 billion [1] - The coupon rate for the first five years is 2.27%, with adjustments every five years thereafter [1] - The issuer has a conditional redemption right on each interest payment date starting from the fifth year [1] Group 2: Fund Utilization - The funds raised from this bond issuance will be used to supplement the bank's other Tier 1 capital [1]