-+ 0.00%
-+ 0.00%
-+ 0.00%
China Construction Bank (00939) completed the issuance of 60 billion yuan of secondary capital bonds
Share
Listen to the news

Zhitong Finance App News, China Construction Bank (00939) issued an announcement. The 2025 Second Extraordinary General Meeting of Shareholders of China Construction Bank Corporation held on November 27, 2025 reviewed and passed the “Proposal on Issuing Capital Instruments and Non-Capital Debt Instruments with Total Loss Absorption Capacity”, agreeing that the Bank will issue a total of no more than 700 billion yuan of capital instruments equivalent to RMB 700 billion and non-capital debt instruments with a total loss absorption capacity of no more than RMB 250 billion. The yuan yuan equivalent. With the approval of relevant regulators, the Bank recently issued China Construction Bank Corporation's 2026 Secondary Capital Bonds (Phase II) (Bond Connect) on the national interbank bond market, and the issuance was completed on July 24, 2026.

The issuance scale of the current bond is RMB 60 billion. It is a 10-year fixed interest rate bond with conditional issuer redemption rights at the end of the 5th year, and the coupon interest rate is 1.88%.

The funds raised by the current bond will supplement the Bank's Tier 2 capital in accordance with applicable laws and regulatory approval.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending