According to Fujian Daily, according to the Fujian branch of the People's Bank of China, recently, the Jinjiang Agricultural Commercial Bank successfully issued financial bonds using quotation methods in the national interbank market. This was an innovative breakthrough in the local legal bank financial bond issuance mechanism, providing a replicable sample of the bond issuance mechanism for small and medium-sized banks in Fujian Province. According to reports, the current bond issuance scale is 100 million yuan, the term is 3 years, and the coupon interest rate is 1.70%. The funds raised will be used to allocate assets and liabilities, enrich medium- to long-term funding sources, and optimize the debt term structure.

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