On August 18, Qingdao Rural Commercial Bank Corporation announced today that its "QRCB Convertible Bonds" will pay the fifth-year interest at face value on August 25, 2025. The interest payment will be RMB 16.00 (including tax) per 10 "QRCB Convertible Bonds" (face value of RMB 1,000 each). The record date for this interest payment is August 22, 2025.
The coupon rates for "QRCB Convertible Bonds" are: 0.20% for the first year, 0.40% for the second year, 0.80% for the third year, 1.20% for the fourth year, 1.60% for the fifth year, and 2.00% for the sixth year.
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