Bank of Zhengzhou Receives PBOC Green Light to Issue Up to RMB26 Billion in New Bonds

Bulletin Express
07/23

Bank of Zhengzhou announced that it has secured two Administrative Licences (Yin Xu Zhun Yu Jue Zi [2026] No. 67 and No. 68) from the People’s Bank of China, authorising sizeable bond issuances in both the onshore inter-bank and overseas markets until 30 June 2027.

The approvals permit the bank to: 1. Issue capital supplementary bonds with a newly issued outstanding balance capped at RMB6.00 billion, subject to an overall outstanding ceiling of RMB16.00 billion. 2. Issue ordinary financial bonds—encompassing earmarked issues—with a newly issued outstanding balance capped at RMB20.00 billion and a total outstanding limit of RMB27.00 billion.

Issuances may be executed in multiple tranches at the bank’s discretion within the licence period. Bank of Zhengzhou stated it will adhere to the Measures for the Administration of the Issuance of Financial Bonds in the National Inter-bank Bond Market and other applicable regulations for bond issuance and information disclosure.

Chairman Zhao Fei signed the board announcement dated 23 July 2026.

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