Core Points - The announcement details the completion of the issuance of the "2025 Third Phase Total Loss Absorption Capacity Non-Capital Bonds" by the Bank of Communications [1] - The total issuance scale of the bonds is 30 billion RMB, divided into two types: a fixed-rate bond and a floating-rate bond [1] Summary by Category Bond Issuance Details - The total scale of the bond issuance is 30 billion RMB, consisting of two varieties: 26 billion RMB for the 4-year fixed-rate bond with a coupon rate of 1.93% and 4 billion RMB for the 4-year floating-rate bond with an initial coupon rate of 1.94% [1] - Both bond types have a conditional issuer redemption right at the end of the third year [1] Use of Proceeds - The funds raised from this bond issuance, after deducting issuance costs, will be used to enhance the bank's total loss absorption capacity, subject to applicable laws and regulatory approvals [1]

Group 1 - The core stock price of Bank of Communications (601328) closed at 7.52 yuan, up 2.87% from last week’s 7.31 yuan, with a market cap of 664.496 billion yuan, ranking 6th among state-owned large banks and 21st among 5165 A-shares [1] - The Ministry of Finance's shareholding in Bank of Communications increased from 23.88% to 35.02%, making it the controlling shareholder, with no plans for major business adjustments or asset restructuring during the supervision period [1][3] - Bank of Communications successfully issued 30 billion yuan of total loss-absorbing capacity non-capital bonds, with 26 billion yuan in fixed-rate bonds at a coupon rate of 1.93% and 4 billion yuan in floating-rate bonds at a coupon rate of 1.94% [1][3]