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Postbank (01658) completes issuance of 2026 unfixed term capital bonds (second instalment) (Bond Connect)
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According to the Zhitong Finance App, Postbank (01658) issued an announcement. With the approval of the relevant regulatory authorities, China Post Savings Bank Co., Ltd. (hereinafter referred to as the Bank) issued the “China Post Savings Bank Co., Ltd. 2026 Unfixed Term Capital Bonds (Phase II) (Bond Connect)” (hereinafter referred to as current bonds) in the national interbank bond market.

The current bond was recorded on November 4, 2026, and the issuance was completed on November 6, 2026. The issuance scale of the current bond is RMB 30 billion. The coupon interest rate for the first 5 years was 1.76%, adjusted every 5 years, and the issuer's conditional redemption right was attached to every interest payment date after the 5th year.

The funds raised in this issue will be used to supplement the Bank's other Tier 1 capital in accordance with applicable laws and the approval of the competent authorities.

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