Guiyang Bank issues RMB 70bn special bonds for SME loans

Guiyang Bank Company Limited (SSE:601997) announced the successful issuance of its "2025 Special Financial Bond for Small and Micro Enterprise Loans (First Tranche)" in the national interbank bond market, following approval from the People's Bank of China.

The bond issuance was completed on September 11, 2025, with book-building taking place on September 9, 2025. The total issuance size reached RMB 70 billion. These bonds are structured as 3-year fixed-rate instruments, carrying a coupon rate of 1.89%.

The capital raised from this bond issuance is specifically earmarked for the provision of loans to small and micro enterprises, in accordance with applicable laws and regulatory approvals.