智通财经网·2025-11-14 09:29Core Viewpoint - Bank of Communications has received regulatory approval to issue a total of RMB 30 billion in bonds to enhance its total loss-absorbing capacity [1] Group 1: Bond Issuance Details - The bond issuance consists of two types: a fixed-rate bond with a scale of RMB 26 billion and a floating-rate bond with a scale of RMB 4 billion [1] - The fixed-rate bond has a maturity of 4 years with a coupon rate of 1.93% and includes a conditional redemption option at the end of the third year [1] - The floating-rate bond also has a maturity of 4 years, with an initial coupon rate of 1.94% and a fixed spread of 0.46%, along with a conditional redemption option at the end of the third year [1] Group 2: Use of Proceeds - The funds raised from this bond issuance, after deducting issuance costs, will be used to enhance the bank's total loss-absorbing capacity in accordance with applicable laws and regulatory approvals [1]