Agricultural Bank of China Ltd. has announced the completion of its 2025 Total Loss-Absorbing Capacity Eligible Non-Capital Bonds (Series 3) offering in the National Interbank Bond Market. The debt issuance, finalized on December 1, 2025, is divided into three tranches: Tranche 1 is a 4-year fixed rate bond totaling RMB14.0 billion with an interest rate of 2.02% and a conditional redemption right on the last day of the third anniversary year; Tranche 2 is a 6-year fixed rate bond totaling RMB3.0 billion at 2.12% interest with a conditional redemption right on the fifth anniversary year; and Tranche 3 is an 11-year fixed rate bond totaling RMB3.0 billion at 2.50% interest with a conditional redemption right on the tenth anniversary year. Net proceeds from the offering will be used to improve the bank's total loss-absorbing capacity.
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. Agricultural Bank of China Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251201-11937323), on December 01, 2025, and is solely responsible for the information contained therein.
Comments