Multiple banks redeem "perpetual bonds".

Recently, several banks have issued notices regarding the exercise of redemption rights for Tier 2 capital bonds and perpetual capital bonds without fixed terms. Industry insiders interviewed by reporters said that the recent intensive redemption of "perpetual bonds" by banks is the result of changes in interest rate environment, upgraded regulatory requirements, and capital management needs. In the future, "perpetual bonds" will still be an important capital supplementation tool for banks.