BQD(03866.HK): Completes RMB4 Billion Perpetual Capital Bond Issuance with Initial 5-Year Coupon of 2.01%

NewTimeSpace · 2026/07/09 18:34 · By Jiayi Sun

NewTimeSpace News: Bank of Qingdao Co.,Ltd. (03866.HK) announced on 9 July that it has completed the issuance of RMB4 billion perpetual capital bonds. The coupon rate stands at 2.01% for the first five years and will be reset every five years. Proceeds will be used to supplement the Bank’s Additional Tier 1 Capital. Bookbuilding commenced on 7 July and the issuance was finalised on 9 July.

NewTimeSpace News: On 9 July 2026, Bank of Qingdao Co.,Ltd. (03866.HK) issued an announcement stating that the 2026 Perpetual Capital Bonds (Tranche 1) were fully issued on 9 July 2026 with an issuance size of RMB4 billion. The bond carries a coupon rate of 2.01% for the initial five-year period, subject to reset every five years. The Bank has the right to redeem all or part of the bonds on each interest payment date commencing from the fifth anniversary. The raised funds will be utilised to supplement the Bank’s Additional Tier 1 Capital.

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BQD 03866.HK Bond Issuance