JIANGXI BANK (01916.HK): Successfully Issues RMB 4 Billion Perpetual Capital Bonds

NewTimeSpace News: On 14 August 2026, Jiangxi Bank Co., Ltd. (stock code: 01916) announced that it has successfully issued its 2026 perpetual capital bonds in the interbank bond market, with an issuance size of RMB 4.0 billion, a coupon rate of 2.05% for the first five years, adjusted every five years thereafter, and a conditional redemption right exercisable by the issuer on the fifth year and each interest payment date thereafter.

The proceeds will be used to replenish the Bank's other tier-1 capital in accordance with applicable laws and regulatory approvals. Under prior regulatory approvals, the Bank is permitted to issue capital replenishment bonds in the national interbank bond market and overseas markets, with a cap of RMB 4.0 billion on new balance by the end of the validity period and RMB 12.0 billion on total balance.

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