Qingdao Rural Commercial Bank Completes 500 Million Yuan Bond Issuance

Deep News

Aug 14

Qingdao Rural Commercial Bank Corporation announced that, following approval from the People's Bank of China, it has successfully issued the "2026 First Phase Financial Bond" on the national interbank bond market.

The issuance date for this bond was August 13, 2026, with the payment date set for August 14, 2026. The total issuance size is 500 million yuan, consisting of a 3-year fixed-rate bond with a coupon rate of 1.60%.

The funds raised from this bond issuance will be used, in accordance with applicable laws and regulatory approvals, to meet the issuer's asset-liability allocation needs, strengthen its funding sources, optimize the maturity structure of liabilities, and promote stable business development.

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