Bank of Nanjing completes RMB 13 bn financial bond issuance

Bank of Nanjing Co., Ltd. announced the successful completion of its "2025 Financial Bonds (Tranche 1) (Bond Connect)" issuance on September 18, 2025. Approved by the People's Bank of China, the bonds were issued in the national interbank bond market.

The issuance raised a total of RMB 13 bn through a 3-year fixed-rate bond, carrying a coupon rate of 1.89%.

The capital from this bond issuance will be used to optimize the bank's medium-to-long-term asset-liability matching structure. Furthermore, it aims to enhance stable medium-to-long-term liability sources and support the expansion of the bank's long-term asset businesses.