Shanghai Electric Power issues new super short-term financing bonds

Shanghai Electric Power Company Limited announced the successful issuance of its 2025 tenth tranche of super short-term financing bonds on September 2, 2025. The bonds, identified as 25沪电力SCP010 with code 012582151, have a maturity period of 79 days.

The issuance, which started accruing interest on September 3, 2025, features a fixed interest rate with a coupon rate (annualized) of 1.60%. The total amount issued is 2.1 billion yuan, with an issue price of 100 yuan per 100 yuan. The redemption date for these bonds is set for November 21, 2025.

China Construction Bank Co., Ltd. acted as the underwriter for this offering. The funds raised from this super short-term financing bond issue will primarily be used to repay maturing bonds.