China Cinda Completes Full Redemption of RMB10.00 Billion Undated Capital Bonds

Bulletin Express08-17

China Cinda Asset Management Co., Ltd. announced that it has exercised its contractual call option and fully redeemed the RMB10.00 billion undated capital bonds issued on 16 August 2021 in the national inter-bank bond market.

The bonds—structured with a conditional redemption feature—granted the issuer the right to redeem on any interest-payment date starting from the fifth year. Effective 17 August 2026, China Cinda executed this option on the first eligible call date (16 August 2026), removing the entire outstanding balance from its capital structure.

The redemption concludes the lifecycle of the securities five years after issuance and aligns with the terms stipulated in the original prospectus. The transaction required no further disclosure of financial impact or subsequent funding plans.

The announcement was authorised by Chairman Zhang Weidong on behalf of the Board of China Cinda Asset Management Co., Ltd. and released in Beijing on 17 August 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment