Zhi Tong Cai Jing·2026-01-21 11:03Core Viewpoint - Huatai Securities (06886) announced the issuance of subordinated bonds aimed at professional investors, with a total issuance cap of 7.5 billion yuan [1] Group 1: Bond Issuance Details - The bond issuance consists of two varieties: one with a term of 3 years and the other with a term of 1816 days [1] - The final issuance scale for the first variety is 4 billion yuan with a coupon rate of 1.99% and a subscription multiple of 2.21 times [1] - The final issuance scale for the second variety is 3.5 billion yuan with a coupon rate of 2.20% and a subscription multiple of 2.31 times [1] Group 2: Issuance Mechanism - The bond issuance includes an inter-variety allocation option, allowing the company to adjust the allocation based on subscription conditions without a limit on the allocation ratio [1] - The issuance price is set at 100 yuan per bond, and the bonds are offered publicly to professional institutional investors [1]