Ge Long Hui·2026-01-21 13:47Core Viewpoint - Guangfa Securities has received approval from the China Securities Regulatory Commission to issue short-term corporate bonds with a total face value of up to 30 billion yuan, indicating a strategic move to raise capital for investment purposes [1] Group 1: Bond Issuance Details - The company plans to issue short-term corporate bonds with a maximum scale of 30 billion yuan, as part of its public offering to professional institutional investors [1] - The bond issuance has been registered under the approval document number 〔2025〕818 by the China Securities Regulatory Commission [1] - The bond, referred to as "26 Guangfa D1" with the code 524639, has a final coupon rate set at 1.68% after a pricing inquiry conducted among professional institutional investors [1] Group 2: Interest Rate Inquiry - The interest rate inquiry for the bonds was conducted on January 21, 2026, with a proposed range of 1.20% to 2.20% [1] - The final coupon rate was determined through negotiations between the issuer and the book manager based on the inquiry results [1]