交通银行：300亿元总损失吸收能力非资本债券发行完毕

Core Viewpoint - The issuance of the third phase of total loss-absorbing capacity non-capital bonds by Bank of Communications demonstrates strong market demand and effective capital management strategies [1] Summary by Categories Issuance Details - The total issuance scale of the bonds is 30 billion yuan, with a maturity of 3+1 years [1] - Fixed-rate bonds account for 26 billion yuan with a coupon rate of 1.93%, achieving a subscription rate of 1.97 times [1] - Floating-rate bonds total 4 billion yuan with an initial coupon rate of 1.94%, linked to the 60-day average of the 7-day repo rate (DR007), and a subscription rate of 1.77 times [1] Market Conditions - The issuance took advantage of favorable market conditions, allowing for an oversubscription of 20 billion yuan beyond the base issuance of 10 billion yuan [1]