Industrial and Commercial Bank of China Completes Issuance of 60 Billion Yuan 2026 Tier 2 Capital Bonds

The Industrial and Commercial Bank of China has completed the issuance of its 2026 Tier 2 Capital Bonds (Seventh Tranche), with a total scale of 60 billion yuan, divided into two varieties. The first variety is a 10-year fixed-rate bond with an issuance scale of 40 billion yuan and a coupon rate of 1.77%, with a conditional issuer call option at the end of the fifth year; the second variety is a 15-year fixed-rate bond with an issuance scale of 20 billion yuan and a coupon rate of 1.96%, with a conditional issuer call option at the end of the tenth year. The raised funds will be used to replenish Tier 2 capital, and will be utilized in accordance with laws and approvals from regulatory authorities after deducting issuance costs.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.