Agricultural Bank completed the issuance of 60 billion yuan of Tier 2 capital bonds.

On July 22nd, Agricultural Bank issued 60 billion yuan of Tier 2 capital bonds in the interbank market. Among them, 400 billion yuan was issued for a term of 5+5 years with an issuance rate of 1.92%; 200 billion yuan was issued for a term of 10+5 years with an issuance rate of 2.12%. Among them, in the target price for the 10+5 years term, over 80% of the bidders were securities, funds, trusts, futures, and other market-oriented institutions.