CITIC BANK (00998) completes issuance of 2026 perpetual capital bonds (first tranche) (Bond Connect)

18:51 10/04/2026

China CITIC Bank (00998) announced that with the approval of the China Banking Regulatory Commission and the People's Bank of China, China CITIC Bank Limited (referred to as "the Bank") recently successfully issued China CITIC Bank Limited's 2026 non-fixed-term capital bonds (first tranche) on the national interbank bond market.

CITIC BANK (00998) announced that, with the approval of the China Banking and Insurance Regulatory Commission and the People's Bank of China, CITIC BANK Limited (hereinafter referred to as "the Bank") recently successfully issued CITIC BANK Limited's 2026 Perpetual Capital Bonds (First Tranche) on the national interbank bond market. The bonds were first registered on April 8, 2026 and were fully issued on April 10, 2026. The total issuance size of this tranche is RMB 40 billion, with a fixed interest rate of 2.06% for the first 5 years, which will be adjusted every 5 years. The issuer has the conditional redemption right after the 5th year and on each subsequent interest payment date. The proceeds from the issuance of these bonds will be used in accordance with applicable laws and regulations to supplement the Bank's other Tier 1 capital.

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