Guangdong Province has launched its first local legal entity small and medium-sized banks "fixed interest + floating interest" dual-type financial bonds.

According to the Guangdong branch of the Peoples Bank of China, on July 28, under its guidance, Shunde Rural Commercial Bank successfully issued Guangdong Province's first dual-type financial bondsfixed interest + floating interestfor local corporate small and medium-sized banks in the interbank market, with a total issuance scale of 2.5 billion yuan and a maturity of 3 years. This also marks the first issuance of floating interest financial bonds by local corporate small and medium-sized banks in Guangdong Province.