Zheshang Bank (02016) completed the issuance of RMB 30 billion 2026 unfixed capital bonds (first instalment) (Bond Connect)

Zhitongcaijing · 2d ago

Zhitong Finance App News, Zheshang Bank (02016) issued an announcement. With the approval of the China General Administration of Financial Supervision and Administration and the People's Bank of China, Zheshang Bank Co., Ltd. (the Bank) recently issued the “Zheshang Bank Co., Ltd. 2026 Unfixed Capital Bonds (Phase 1) (Bond Connect)” (hereinafter referred to as “current bonds”) in the national interbank bond market.

The current bond was recorded on August 5, 2026, and the issuance was completed on August 7, 2026. The issuance scale of the current bond is RMB 30 billion. The coupon interest rate for the first 5 years is 1.95%, adjusted every 5 years, and the issuer's conditional redemption right is attached to every interest payment date after the 5th year.