Minsheng Bank: Successfully issued 30 billion yuan of perpetual capital bonds.
The Minsheng Bank announced that, with the approval of the China Banking and Insurance Regulatory Commission and the People's Bank of China, on May 11, 2026, it will bookbuild and on May 13, 2026, it will complete the issuance of "2026 Non-Fixed-Term Capital Bonds" with a total size of 30 billion yuan. The bonds will have a phased adjustment of coupon rates, with a coupon rate of 2.12% for the first 5 years, and conditional redemption rights for the issuer after the 5th year and onwards. The funds raised will be used to supplement other Tier 1 capital.
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