Postal Savings Bank of China Co., Ltd. has announced the successful issuance of its 2026 Tier-2 Capital Bond, the first tranche under the Bond Connect scheme.

The issuance, approved by the relevant regulatory authorities, was conducted in the national interbank bond market.

The bond was recorded on June 9, 2026, with the issuance process concluding on June 11, 2026.

The total issuance size is RMB 40 billion, structured as a 10-year fixed-rate instrument.

It includes a conditional issuer call option exercisable at the end of the fifth year.

The bond carries a fixed coupon rate of 1.92% per annum.