China Construction Bank Raises RMB60 Billion in Tier-2 Bond to Bolster Capital

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2026.06.10 14:39
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China Construction Bank completed the issuance of RMB60 billion in 2026 domestic Tier-2 capital bonds via Bond Connect. The 10-year fixed-rate issue carries a 1.89% coupon and includes a call option at year five. Proceeds will replenish Tier-2 capital to support balance-sheet growth, within a broader RMB700 billion authorization. Analysts maintain a 'Buy' rating with a HK$10.20 price target.