--- title: "Bank of Communications Raises RMB40 Billion via 2026 Tier 2 Capital Bonds" type: "News" locale: "en" url: "https://longbridge.com/en/news/293595950.md" description: "Bank of Communications completed the issuance of RMB40 billion in 2026 Tier 2 Capital Bonds (Series 2) via the China Interbank Bond Market. The ten-year fixed-rate bonds carry a 1.89% coupon and include a conditional redemption option at year five. Proceeds will supplement the bank's Tier 2 capital to bolster its regulatory buffer, support asset growth, and enhance loss-absorbing capacity." datetime: "2026-07-23T10:09:26.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293595950.md) - [en](https://longbridge.com/en/news/293595950.md) - [zh-HK](https://longbridge.com/zh-HK/news/293595950.md) generator: "portal-rs" --- # Bank of Communications Raises RMB40 Billion via 2026 Tier 2 Capital Bonds Bank of Communications Co ( (HK:3328) ) just unveiled an update. Bank of Communications Co., Ltd. has completed the issuance of its 2026 Tier 2 Capital Bonds (Series 2) via the China Interbank Bond Market under the Bond Connect scheme, strengthening its access to onshore and cross-border investors. The ten-year fixed-rate bonds total RMB40 billion, carry a 1.89% coupon, and include a conditional issuer redemption option at the end of the fifth year, underscoring the bank’s ongoing capital management strategy. Proceeds from the bond issuance, after deducting issuance expenses, will be used to supplement the bank’s Tier 2 capital, subject to regulatory approval and in line with applicable laws. This capital raising is expected to bolster the bank’s regulatory capital buffer, potentially supporting future asset growth, enhancing loss-absorbing capacity, and reinforcing its position in a competitive Chinese banking sector and evolving regulatory environment. The most recent analyst rating on (HK:3328) stock is a Buy with a HK$7.75 price target. To see the full list of analyst forecasts on Bank of Communications Co stock, see the HK:3328 Stock Forecast page. **More about Bank of Communications Co** Bank of Communications Co., Ltd. is a major Chinese commercial bank incorporated in the People’s Republic of China with limited liability and listed in Hong Kong. It operates in the banking and financial services industry, providing a broad range of deposit, lending, and capital markets products to retail and institutional clients in mainland China and international markets. **Average Trading Volume:** 30,580,764 **Technical Sentiment Signal:** Strong Buy **Current Market Cap:** HK$683.7B Learn more about 3328 stock on TipRanks’ Stock Analysis page. ### Related Stocks - [03328.HK](https://longbridge.com/en/quote/03328.HK.md) - [601328.CN](https://longbridge.com/en/quote/601328.CN.md) ## Related News & Research - [Bank of Communications proposes 2026 interim dividend of RMB 0.168 per share](https://longbridge.com/en/news/297303454.md) - [Bank of Communications Sets New 2.77% Coupon on RMB45 Billion Preference Shares](https://longbridge.com/en/news/297770795.md) - [Famed economist Mohamed El-Erian lays out why he sees more pain in store for bonds](https://longbridge.com/en/news/298057668.md) - [Why global bond markets are tumbling all at once](https://longbridge.com/en/news/297660435.md) - [The AI arms race is throwing fuel on the global bond sell-off](https://longbridge.com/en/news/297764747.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**