Bank of Shanghai completes RMB 20 bn bond issuance

Bank of Shanghai Co., Ltd. announced the completion of its second tranche of financial bonds for 2025. The bonds, approved by the People's Bank of China, were issued in the national interbank bond market and registered with the Interbank Clearing House Co., Ltd.

The bonds were booked on September 16, 2025, and the issuance was completed on September 18, 2025. The total issuance size reached RMB 20 billion, comprising a 3-year fixed-rate variety with a coupon rate of 1.89%.

The proceeds from this bond issuance will be used to meet the issuer's asset-liability allocation needs, enrich funding sources, optimize the liability maturity structure, and promote the steady development of its business, as stated by the Bank of Shanghai board of directors.