Xin Lang Cai Jing·2025-12-24 18:49Core Viewpoint - China Bank has successfully issued a total of 50 billion RMB of subordinated capital bonds to enhance its Tier 2 capital, following the approval from its shareholders and relevant regulatory authorities [1][2]. Group 1 - The issuance was approved at the shareholders' meeting held on July 18, 2025, allowing the bank to issue up to 450 billion RMB or equivalent foreign currency capital instruments [1]. - The bonds were issued on December 22, 2025, in the interbank bond market, and the issuance was completed on December 24, 2025 [1]. - The bonds consist of two types: a 10-year fixed-rate bond with a scale of 48 billion RMB and a coupon rate of 2.22%, and a 10-year floating-rate bond with a scale of 2 billion RMB and an initial coupon rate of 2.25% [1]. Group 2 - The funds raised from this bond issuance will be used to supplement the bank's Tier 2 capital in accordance with applicable laws and regulatory approvals [2].