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Dongguan Agricultural Commercial Bank (09889) completed the issuance of 1 billion yuan of unfixed capital bonds

Zhitongcaijing·08/11/2026 10:17:11
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According to the Zhitong Finance App, Dongguan Agricultural Commercial Bank (09889) issued an announcement. The 2023 Annual General Meeting of Shareholders of Dongguan Rural Commercial Bank Co., Ltd. held on May 30, 2024 reviewed and approved the bill on issuing capital bonds. With approval from the People's Bank of China and the Guangdong Regulatory Bureau of the China Financial Supervisory Authority, the bank recently successfully issued the bank's 2026 unfixed capital bonds in the national interbank bond market.

The bonds were recorded on August 7, 2026, and issued on August 11, 2026. The total amount of bonds issued this time was RMB 1 billion. They are capital bonds with an unfixed term. The issuer has a conditional redemption right at the end of the 5th year, and the coupon interest rate is 1.97%.

The funds raised by this bond will be used to supplement the bank's other Tier 1 capital in accordance with applicable laws and regulatory approval.