According to the Zhitong Finance App, the Industrial and Commercial Bank of China (01398) issued an announcement. With the approval of the relevant regulatory authorities, the 2026 Second Tier Capital Bonds (Phase 6) (Bond Connect) (Current Bond)) of the Industrial and Commercial Bank of China Limited (ICBC) have recently been issued in the national interbank bond market.

The current bond issuance scale is RMB 60 billion and is divided into two types. Among them, type 1 is a 10-year fixed interest rate type, with a conditional issuer redemption right at the end of the 5th year. The issuance scale is RMB 30 billion, and the coupon interest rate is 1.76%; type 2 is a 15-year fixed interest rate type, with conditional issuer redemption rights at the end of the 10th year. The issuance scale is RMB 30 billion, and the coupon interest rate is 1.95%.

After deducting issuance fees, the funds raised in this issue will supplement the Bank's Tier 2 capital in accordance with applicable laws and the approval of the competent authorities.

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