Bank of Qingdao (03866) completes issuance of 2026 secondary capital bonds

According to Zhitong Finance App, Bank of Qingdao (03866) issued an announcement. With approval from the Qingdao Regulatory Bureau of the State Administration of Financial Supervision and Administration and the People's Bank of China, Bank of Qingdao Co., Ltd. (the Bank) recently successfully issued the 2026 Secondary Capital Bonds (current bonds) of Bank of Qingdao Co., Ltd. in the national interbank bond market.

The current bond was recorded and filed on August 10, 2026, and was issued on August 12, 2026. The issuance scale was RMB 2 billion. The type is a 10-year fixed interest rate bond, with conditional issuer redemption rights at the end of the 5th year, with a coupon interest rate of 1.93%. The funds raised by the current bond will be used to supplement the Bank's secondary capital in accordance with applicable laws and regulatory approval.