Industrial Bank issues green and ordinary financial bonds

Industrial Bank Co., Ltd. successfully issued its 2025 third tranche of green financial bonds on December 1, 2025, raising a total of 5 billion yuan. These 3-year floating-rate bonds will accrue interest quarterly, with an initial coupon rate of 1.81% (LPR-119BPs). The proceeds from this issuance are earmarked for loans to green industry projects.

Concurrently, the bank also announced the successful issuance of its 2025 first tranche of ordinary financial bonds on December 1, 2025. This issuance totaled 20 billion yuan, with a 3-year term and a fixed coupon rate of 1.84%.

The funds from the ordinary financial bonds will be used to meet asset-liability management needs, supplement funding sources, and optimize the maturity structure of liabilities to support the bank's stable business development, following approvals from relevant authorities. Both issuances were approved by the People's Bank of China.