BANKCOMM (03328) completes the issuance of 40 billion yuan subordinated capital bonds.

date
18:40 27/04/2026
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GMT Eight
Bank of Communications (03328) announced that, with the approval of the relevant regulatory authorities, Bank of Communications Co., Ltd. (the Bank) publicly issued "Bank of Communications Co., Ltd. 2026 First Tranche Tier 2 Capital Bonds (Bond Connect)" (this tranche of bonds) on the national interbank bond market, and has completed the issuance on April 27, 2026.
BANKCOMM (03328) announced that, with the approval of the relevant regulatory authorities, BANKCOMM Limited (the Bank) has publicly issued the "BANKCOMM Limited 2026 First Tranche Subordinated Capital Bonds (Bond Connect)" (this bond) in the national interbank bond market, which was completed on April 27, 2026. The issuance size of this bond is RMB 40 billion, with a coupon rate of 1.97%, a 10-year fixed-rate bond, and a conditional redemption right of the issuer at the end of the 5th year. The funds raised from this bond issuance will be used to supplement the Bank's Tier 2 capital after deducting issuance costs, in accordance with applicable laws and regulatory approvals.