Industrial And Commercial Bank Of China Limited has successfully issued 60 billion yuan in Tier 2 capital bonds in the national interbank market, marking the largest issuance scale for this bond type across the market so far this year. The bonds are 10-year fixed-rate instruments with a conditional issuer call option at the end of the fifth year, carrying a coupon rate of 1.90%.

The issuance received strong market recognition, attracting active subscription from nearly 160 diverse investors, with an overall subscription multiple of nearly two times. This reflects ICBC's solid reputation and significant influence in the capital markets. The bank stated that the proceeds from this issuance will be used to further optimize its capital structure, enhance its risk resilience, and strengthen its foundation for serving the real economy.

Guided by regulatory authorities, ICBC will continue to improve the efficiency of its capital management, bolster its capabilities in risk prevention and sustainable development, and actively fulfill its role as a leading bank. The institution is committed to increasing the supply of high-quality financial resources to the real economy, thereby contributing to high-quality economic and social development.