ZYBANK (01216.HK): RMB 10 Billion Undated Capital Bonds Issued at 1.92%

NewTimeSpace News: On 22 September 2026, Zhongyuan Bank Co., Ltd. (stock code: 01216) announced that, with the approvals from the Henan Regulatory Bureau of the National Financial Regulatory Administration and the People's Bank of China, the Bank has recently issued its 2026 undated capital bonds (first tranche) in the national inter-bank bond market. The bonds were book-built on 17 September 2026 and payment was completed on 21 September 2026, with an issue size of RMB 10 billion. The coupon rate of the bonds is 1.92% during the first 5 years and will be adjusted every 5 years thereafter, and the Bank has the right to redeem the bonds in whole or in part on each interest payment date in the fifth year and thereafter. Subject to applicable laws and the approvals of the relevant regulatory authorities, the proceeds will be used to replenish the Bank's additional tier 1 capital.

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