The bank of communications announced on Tuesday the issuance of the first phase of total loss absorbing capacity non-capital bonds for 2024 on November 25, with an issuance amount of 30 billion yuan. The coupon rate is 2.11%, and the interest start date is November 27. The bonds have a term of 4 years with a fixed interest rate and include a conditional issuer redemption option at the end of the 3rd year.
交通银行发行300亿元人民币总损失吸收能力非资本债券
The bank of communications issued 30 billion yuan total loss absorbing capacity non-capital bonds.
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