Bank of Communications has completed the issuance of its 2026 second tranche tier-2 capital bonds through Bond Connect in the national interbank bond market. The issuance size is 40 billion yuan, with a coupon rate of 1.89%. The bonds are 10-year fixed-rate bonds with a conditional issuer call option at the end of the fifth year, and the issuance was completed on July 23, 2026.
Bank of Communications CoBank of Communications successfully issued 40 billion yuan tier-2 capital bonds at a low coupon rate of 1.89%, strengthening its capital base.