Jiangsu Changshu Rural Commercial Bank issues technology innovation bonds

Jiangsu Changshu Rural Commercial Bank Corporation Limited recently announced the successful issuance of its 2025 technology innovation bonds in the national interbank bond market. The bonds were booked on December 4, 2025, and issued on December 8, 2025, following approval from the People's Bank of China.

The issuance comprised 500 million yuan in 5-year fixed-rate bonds, carrying a coupon rate of 1.90%. The Bank confirmed that the proceeds from these bonds will be specifically allocated to support technology innovation activities, in compliance with applicable laws and regulatory approvals.

This successful issuance broadens the Bank's financing channels for supporting the development of innovative enterprises, while also helping to reduce financing costs for these entities. Furthermore, it reinforces the Bank's commitment to expanding its technology innovation business.