Bank of Qingdao Co. Ltd. has announced the successful completion of its issuance of 2025 Undated Capital Bonds in the national interbank bond market in China. The offering, which received approval from the Qingdao Bureau of National Financial Regulatory Administration and the People's Bank of China, has an issuance size of RMB 2 billion. The bonds carry a coupon rate of 2.45% for the first five years, with the rate to be reset every five years thereafter. The Bank retains the right to redeem all or part of the bonds on any dividend payment date from the fifth year onwards. The proceeds from the issuance will be used to supplement the Bank's other tier-one capital, in accordance with applicable laws and regulatory approvals. No maturity date is specified for these undated bonds. No URL for the full prospectus is provided in the document.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bank of Qingdao Co. Ltd. published the original content used to generate this news brief on October 28, 2025, and is solely responsible for the information contained therein.
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