Core Viewpoint - Wuxi Bank has approved the issuance of up to 1.5 billion RMB in subordinated capital bonds at its 2024 annual shareholders' meeting, aiming to enhance its Tier 2 capital [1] Group 1: Bond Issuance Details - The bank successfully issued the "Wuxi Rural Commercial Bank Co., Ltd. 2025 Subordinated Capital Bond (First Phase)" in the national interbank bond market, with a total issuance size of 1 billion RMB [1] - This bond has a fixed interest rate of 2.53% and a maturity of 10 years, with a conditional issuer redemption right at the end of the fifth year [1] - The funds raised from this bond issuance will be used to supplement the bank's Tier 2 capital, subject to applicable laws and regulatory approvals [1]

Core Viewpoint - The Bank of China has announced the issuance of a total of 50 billion RMB in loss-absorbing tier 2 capital bonds, approved by relevant regulatory authorities, to be completed by December 24, 2025 [1] Group 1: Bond Issuance Details - The bond issuance consists of two types: a 10-year fixed-rate bond with a scale of 48 billion RMB and a coupon rate of 2.22%, with a call option for the issuer at the end of the fifth year [1] - The second type is a 10-year floating-rate bond with a scale of 2 billion RMB, with the first interest period coupon rate set at 2.25%, also featuring a call option for the issuer at the end of the fifth year [1] Group 2: Fund Utilization - 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 [1]

Core Viewpoint - The Bank of China announced the issuance of up to 450 billion RMB or equivalent foreign currency capital instruments, with a recent issuance of 600 billion RMB in subordinated debt [1] Group 1: Issuance Details - The Bank of China will hold a shareholders' meeting on July 18, 2025, to approve the issuance of capital instruments [1] - On November 24, 2025, the bank issued 600 billion RMB of subordinated debt in the interbank bond market, completing the issuance on November 26, 2025 [1] - The bonds have a fixed interest rate of 2.16% and a maturity of 10 years, with a call option for the issuer at the end of the fifth year [1] Group 2: Use of Proceeds - The funds raised from this bond issuance will be used to supplement the bank's Tier 2 capital, subject to applicable laws and regulatory approvals [1]

Core Viewpoint - Luzhou Bank has successfully issued a 10-year fixed-rate subordinated bond in the national interbank bond market, raising a total of RMB 1.8 billion [1] Summary by Relevant Sections Bond Issuance Details - The bond issuance scale is RMB 1.8 billion, with a maturity of 10 years and a coupon rate of 2.95% [1] - The bond includes a conditional issuer call option at the end of the fifth year [1] Use of Proceeds - The funds raised from this bond issuance, after deducting issuance costs, will be used to supplement the bank's Tier 2 capital in accordance with applicable laws and regulatory approvals [1]

Core Points - Agricultural Bank of China (ABC) announced the approval of a capital tool and total loss-absorbing capacity non-capital bond plan at the first extraordinary general meeting of shareholders for the year 2025, scheduled for February 21, 2025 [1] - The bank issued the "Agricultural Bank of China Co., Ltd. 2025 Tier 2 Capital Bonds (Phase III)" in the national interbank bond market, following approval from relevant regulatory authorities [1] - The total issuance scale of the bonds is RMB 60 billion, divided into two varieties: a 10-year fixed-rate bond with an issuance scale of RMB 35 billion and a coupon rate of 2.18%, and a 15-year fixed-rate bond with an issuance scale of RMB 25 billion and a coupon rate of 2.50% [1] - 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 [1]