Industrial Bank announced that with the approval of the China Financial Supervisory Authority and the People's Bank of China, the company successfully issued the first 2024 second-tier capital bonds in the national interbank bond market on May 22, 2024. The total amount of bonds issued in this issue is RMB 30 billion, with a term of 10 years. The issuer's right of redemption with preconditions at the end of the 5th year has a coupon interest rate of 2.50%. After deducting issuance fees, all funds raised will be used to supplement the company's second-tier capital and support the continuous and stable development of the business.
兴业银行：成功发行300亿元10年期二级资本债券，票面利率2.50%
Industrial Bank: successfully issued 30 billion yuan of 10-year secondary capital bonds with a coupon interest rate of 2.50%
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