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Bank of Communications Raises RMB40 Billion via Tier 2 Bond Issue

Story Highlights
  • Bank of Communications issued RMB40 billion in ten-year Tier 2 capital notes at a 1.97% coupon via Bond Connect in China’s interbank market.
  • Proceeds from the callable Tier 2 bonds will strengthen the bank’s regulatory capital base and support future business expansion under prudential rules.
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Bank of Communications Raises RMB40 Billion via Tier 2 Bond Issue

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The latest announcement is out from Bank of Communications Co ( (HK:3328) ).

Bank of Communications Co., Ltd., one of China’s leading commercial banks listed in Hong Kong, has further tapped the domestic bond market to reinforce its capital structure. The lender, active in wholesale and interbank markets, continues to use regulatory capital instruments to underpin its lending capacity and maintain competitiveness under tightening prudential standards.

The bank has completed the issuance of its 2026 Tier 2 Capital Notes (Series 1) via Bond Connect in the China Interbank Bond Market, raising RMB40 billion through ten-year fixed-rate bonds with a 1.97% coupon. The notes, which carry an issuer call option at the end of year five, will be used to supplement the bank’s tier-2 capital, bolstering its capital adequacy and supporting future business expansion under regulatory oversight.

The most recent analyst rating on (HK:3328) stock is a Buy with a HK$7.75 price target. To see the full list of analyst forecasts on Bank of Communications Co stock, see the HK:3328 Stock Forecast page.

More about Bank of Communications Co

Bank of Communications Co., Ltd. is a major Chinese commercial bank operating in the China Interbank Bond Market and listed in Hong Kong, providing a broad range of banking and financial services. The bank focuses on both domestic and cross-border financing, including capital markets instruments aimed at strengthening its regulatory capital base and supporting balance sheet growth.

YTD Price Performance: 14.73%

Average Trading Volume: 22,578,630

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$703.3B

For an in-depth examination of 3328 stock, go to TipRanks’ Overview page.

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