Industrial and Commercial Bank of China: Completed issuance of 60 billion yuan Tier 2 Capital Bonds.
Industrial and Commercial Bank of China announced that, with the approval of relevant regulatory authorities, the second-tier capital bonds in 2026 have been successfully issued on the national inter-bank bond market. The size of this bond issue is 60 billion yuan, with a 10-year fixed interest rate of 1.90% and a conditional redemption right for the issuer at the end of the 5th year. The raised funds, after deducting issuance expenses, will be used to supplement the bank's Tier 2 capital.
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