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Agricultural Bank (01288) completes issuance of 20 billion yuan 2026 unfixed capital bonds (first instalment) (Bond Connect)

Zhitongcaijing·08/25/2026 10:09:03
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According to the Zhitong Finance App, Agricultural Bank of China (01288) issued an announcement. With the approval of relevant regulators, Agricultural Bank of China Co., Ltd. (the Bank) will issue the “Agricultural Bank of China Co., Ltd. 2026 Unfixed Capital Bond (First Issue) (Bond Connect)” (current bond) in the national interbank bond market.

The current bond was recorded on August 21, 2026, and issued on August 25, 2026. The issuance scale of the current bond is RMB 20 billion. The coupon interest rate for the first 5 years is 1.88%, adjusted every 5 years, and the issuer's conditional redemption right is attached to every interest payment date after the 5th year.

In accordance with applicable law and regulatory approval, the funds raised in this issue will be used to supplement the Bank's other Tier 1 capital.