Recently, ICBC and CCB separately announced their 2026 bond issuance plans. Among them, ICBC plans to issue no more than 488 billion yuan in financial bonds; CCB plans to issue capital instruments and non-capital debt instruments in total no more than 700 billion yuan. Major state-owned banks such as the Agricultural Bank and the Postbank also separately reviewed future issuance amounts for financial bonds and capital instruments at board meetings. According to public issuance statistics, as of November 9, the scale of various types of bonds issued by commercial banks during the year reached 2.88 trillion yuan, of which the total size of secondary capital bonds and perpetual bonds was about 1.37 trillion yuan, which is not much different from the scale issued in the same period last year. At the same time, a series of financial bonds, including bank “Eryong bonds” and TLAC bonds, are becoming core assets allocated by asset management agencies.

Recently, ICBC and CCB separately announced their 2026 bond issuance plans. Among them, ICBC plans to issue no more than 488 billion yuan in financial bonds; CCB plans to issue capital instruments and non-capital debt instruments in total no more than 700 billion yuan. Major state-owned banks such as the Agricultural Bank and the Postbank also separately reviewed future issuance amounts for financial bonds and capital instruments at board meetings. According to public issuance statistics, as of November 9, the scale of various types of bonds issued by commercial banks during the year reached 2.88 trillion yuan, of which the total size of secondary capital bonds and perpetual bonds was about 1.37 trillion yuan, which is not much different from the scale issued in the same period last year. At the same time, a series of financial bonds, including bank “Eryong bonds” and TLAC bonds, are becoming core assets allocated by asset management agencies.