According to Zhitong Finance App, Minsheng Bank (01988) issued an announcement that the 2026 financial bonds (Phase II) of China Minsheng Bank Co., Ltd. were recorded and filed on October 14, 2026, and the issuance was completed on October 16, 2026. The issuance scale is RMB 10 billion, at a 3-year variable interest rate. The coupon interest rate is adjusted every 3 months from the issuance payment deadline, and interest is paid at the same coupon interest rate as agreed during a coupon interest rate adjustment period.

The coupon interest rate for current bonds includes two parts: the base interest rate and the fixed spread. The benchmark interest rate used for the first interest accrual cycle is the 1-year loan market quoted interest rate (hereinafter referred to as LPR) announced on September 20, 2026. The benchmark interest rate for each interest payment thereafter is the 1-year LPR newly announced before the previous interest payment date. The coupon interest rate for the first interest-bearing period of the current bond was 1.58%.

The funds raised in the current bond will be used to meet the bank's balance and liability allocation needs, enhance funding sources, optimize the debt maturity structure, and promote the steady development of the business in accordance with applicable laws and regulatory approval.

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