Announcement of Hua Xia bank, the bank recently issued its first perpetual capital bond with no fixed term due in 2024 on the national interbank bond market. The bond was recorded on June 6, 2024 and was issued on June 11, 2024. The bond has a scale of RMB 40 billion, with a face interest rate of 2.46% for the first five years and adjusted every five years. The issuer has the conditional redemption right on each interest payment date after the fifth year. The funds raised from the bond issuance will be used to supplement the bank's other Tier 1 capital in accordance with applicable laws and regulatory approval.
华夏银行：完成发行400亿元无固定期限资本债券
Banks: Completed the issuance of RMB 40 billion perpetual capital bonds.
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