Bank of Qingdao issues 2 billion yuan perpetual capital bonds
Bank of Qingdao recently successfully issued CNY 2 billion of perpetual capital bonds in the national interbank bond market. The bonds were recorded on October 24, 2025, and issued on October 28. The coupon rate for the first five years is 2.45%, and it will be adjusted every five years. The bank has the right to redeem the bonds on each interest payment date starting from the fifth year. The raised funds will be used to supplement the bank's other Tier 1 capital
According to the announcement from the Zhitong Finance APP, Bank of Qingdao (03866) has successfully issued the "Bank of Qingdao Co., Ltd. 2025 Non-Fixed Term Capital Bonds" in the national interbank bond market recently. The bonds were recorded on October 24, 2025, and were fully issued on October 28, 2025, with an issuance scale of RMB 2 billion. The coupon rate for the first five years is 2.45%, which will be adjusted every five years. The bank has the right to redeem the bonds in whole or in part on each interest payment date starting from the fifth year. The funds raised from this bond issuance will be used to supplement the bank's other Tier 1 capital, in accordance with applicable laws and regulatory approvals
