Xiamen Bank Successfully Issues RMB 1.9 Billion Perpetual Capital Bonds

Deep News11-17

On November 17, Xiamen Bank Co., Ltd. announced that, with approval from the People's Bank of China and the Xiamen Bureau of the National Financial Regulatory Administration, it has successfully issued "Xiamen Bank Co., Ltd. 2025 Perpetual Capital Bonds (Phase I)" (hereinafter referred to as "the Bonds") in the national interbank bond market.

The Bonds were recorded on November 13, 2025, and issued on November 17, 2025, with a total issuance scale of RMB 1.9 billion. The coupon rate for the first five years is set at 2.32%, adjustable every five years thereafter. The issuer retains conditional redemption rights on each interest payment date starting from the fifth year.

Proceeds from the Bonds will be used to replenish the bank's additional Tier 1 capital, in compliance with applicable laws and regulatory approvals.

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