Ge Long Hui·2025-11-14 09:32Core Viewpoint - Bank of Communications has successfully issued a total of RMB 30 billion in bonds to enhance its total loss-absorbing capacity, with two types of bonds being offered [1] Group 1: Bond Issuance Details - The total scale of the bond issuance is RMB 30 billion, divided into two varieties [1] - Type one is a 4-year fixed-rate bond with an issuance scale of RMB 26 billion and a coupon rate of 1.93%, featuring a conditional issuer call option at the end of the third year [1] - Type two is a 4-year floating-rate bond with an issuance scale of RMB 4 billion, with the first interest reset period having a coupon rate of 1.94% and a fixed spread of 0.46%, also including a conditional issuer call 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]