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ICBC raises 500bn yuan from tier 2 bonds

July 14, 2025 at 05:08 PM UTCBy FilingReader AI

Industrial and Commercial Bank of China has completed a 500 billion yuan tier 2 capital bond issuance.

The 10-year fixed-rate bonds carry a 1.88% coupon rate and include a conditional redemption option after five years. The proceeds will supplement ICBC's tier 2 capital.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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