CITIC Bank Completes Subscription for First Tranche of 2026 Green Financial Bonds (Bond Connect)

Deep News

08/10

CITIC Bank has announced that its 2026 green financial bond issuance (first tranche) under the Bond Connect scheme has been finalized, according to a financial industry report on August 10th.

The bonds were successfully issued in the inter-bank bond market, following approval from the People's Bank of China. The book-building process took place on August 6, 2026, with the issuance completed on August 10, 2026. The total issuance size stands at 20 billion yuan, consisting of a 3-year fixed-rate bond with a coupon rate of 1.53%.

Proceeds from the bond issuance will be directed towards green industry projects as outlined in the 2025 edition of the Green Financial Support Project Catalogue, subject to applicable laws and regulatory approvals.

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