Chongqing Rural Commercial Bank Completes Issuance of RMB 1 Billion Tech Innovation Bonds

Deep News12-05

On December 5, Chongqing Rural Commercial Bank announced that it has completed the public issuance of RMB 1 billion in technology innovation bonds (referred to as "the Bonds") in the national interbank bond market, with approval from the People's Bank of China.

The Bonds were recorded on December 3, 2025, and successfully issued on December 5, 2025. The total issuance size was RMB 1 billion, structured as 5-year fixed-rate bonds with a coupon rate of 1.88%. Proceeds from the Bonds will be allocated to technology innovation sectors as outlined in the "Financial Five Key Themes Statistical Framework (Trial)," including extending technology loans and investing in bonds issued by tech innovation enterprises, specifically supporting business activities in the tech innovation field.

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