Ge Long Hui·2025-11-27 10:09Core Viewpoint - CITIC Bank has been approved to issue financial bonds with a new balance not exceeding 60 billion RMB for 2025, and a total year-end balance not exceeding 400 billion RMB [1] Group 1: Financial Bond Issuance - CITIC Bank has received approval from the People's Bank of China to issue financial bonds, with a new balance for 2025 capped at 60 billion RMB [1] - The bank's 2025 "Three Rural" special financial bonds have been successfully issued, with a total issuance scale of 6 billion RMB [1] - The bonds are structured as 3-year floating rate bonds, with the initial interest rate set at 1.87% and a fixed spread of -1.13% [1] Group 2: Fund Utilization - The funds raised from the bond issuance will be used specifically for agricultural loans, in accordance with applicable laws and regulatory approvals [1]