Ge Long Hui·2025-11-10 10:46Core Viewpoint - Industrial and Commercial Bank of China (ICBC) has successfully issued its second phase of perpetual capital bonds for 2025, amounting to RMB 40 billion, aimed at supplementing its other Tier 1 capital [1] Group 1: Bond Issuance Details - The bond issuance was approved by relevant regulatory authorities and completed in the interbank bond market [1] - The bonds were recorded on November 6, 2025, and the issuance was finalized on November 10, 2025 [1] - The initial coupon rate for the first five years is set at 2.21%, with adjustments every five years thereafter [1] Group 2: Use of Proceeds - The funds raised from this bond issuance will be utilized in accordance with applicable laws and regulatory approvals to enhance the bank's other Tier 1 capital [1]