Zheng Quan Ri Bao·2025-11-10 11:40Core Viewpoint - Industrial and Commercial Bank of China (ICBC) has successfully issued its second phase of perpetual bonds for 2025, raising a total of RMB 40 billion to supplement its Tier 1 capital [2] Group 1: Bond Issuance Details - The bond issuance was approved by relevant regulatory authorities and completed on November 10, 2025 [2] - The total issuance size of the bonds is RMB 40 billion, with a fixed interest rate of 2.21% for the first five years [2] - The interest rate will be adjusted every five years, and the issuer has the conditional redemption right on each interest payment date after the fifth year [2] Group 2: Fund Utilization - The funds raised from this bond issuance will be used in accordance with applicable laws and regulatory approvals to enhance the bank's other Tier 1 capital [2]