CBHB (09668) Issues RMB 10 Billion Perpetual Capital Bonds

Stock News11-20

CBHB (09668) announced that, following approval at its 2024 first extraordinary general meeting and by the National Financial Regulatory Administration and the People's Bank of China, the bank has successfully issued "CBHB 2025 Perpetual Capital Bonds" in the national interbank bond market.

The bonds were recorded on November 18, 2025, fully issued by November 20, 2025, and began accruing interest on the same day. The total issuance size reached RMB 10 billion, with an initial coupon rate of 2.37% for the first five years. The rate will be adjusted every five years thereafter, and the issuer retains conditional redemption rights on each interest payment date starting from the fifth year.

Proceeds from the bond issuance will be entirely used to replenish the bank's additional Tier 1 capital.

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