Gelonghui, April 25: Agricultural Bank of China (01288.HK) announced that with the approval of relevant regulators, the bank publicly issued the “Agricultural Bank of China Co., Ltd. 2024 Secondary Capital Bonds (Phase II)” in the national interbank bond market, which was completed on April 25, 2024.

The total issuance scale of this issue is RMB 60 billion, divided into two types. Type 1 is a 10-year fixed interest rate bond with an issuance scale of 30 billion yuan, with a coupon interest rate of 2.32%, and issuer redemption rights with preconditions at the end of the 5th year; type 2 is a 15-year fixed interest rate bond, with an issuance scale of 30 billion yuan, a coupon interest rate of 2.49%, and issuer redemption rights with preconditions at the end of the 10th year.