Agricultural Bank of China Completes Issuance of 50 Billion Yuan Tier 2 Capital Bonds

Deep News09-24

On September 24, according to a financial frontline report, Agricultural Bank of China Limited (ABC) issued an announcement that the bank completed the issuance of its 2026 Tier 2 Capital Bonds (Third Tranche) (Bond Connect) in the national interbank bond market.

This tranche of bonds was bookbuilt on September 22, 2026, and the issuance was completed on September 24, 2026.

This tranche is a 10-year fixed-rate bond with an issuance size of 50 billion yuan and a coupon rate of 1.81%, with a conditional issuer redemption right at the end of the fifth year.

The funds raised from this tranche of bonds will be used to replenish the bank's Tier 2 capital in accordance with applicable laws and regulatory approvals.

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