China Minsheng Banking Corp., Ltd. (01988) has completed the issuance of RMB 10 billion in financial bonds.

China Minsheng Banking Corp., Ltd. (01988) has announced that the 2026 financial bonds (second tranche) of China Minsheng Banking Corp., Ltd. were bookbuilt on October 14, 2026, and completed issuance on October 16, 2026. The issuance size is RMB 10 billion, with a 3-year floating rate. Starting from the issuance payment deadline, each 3-month period constitutes one coupon rate adjustment period, during which interest is paid at the same agreed coupon rate. The coupon rate of this tranche of bonds consists of two parts: a benchmark rate and a fixed spread. The benchmark rate used for the first interest accrual period is the 1-year Loan Prime Rate (hereinafter referred to as LPR) published on September 20, 2026. Thereafter, the benchmark rate for each interest payment is the newly published 1-year LPR before the previous interest payment date. The coupon rate for the first interest accrual period of this tranche of bonds is 1.58%. The proceeds from this tranche of bonds will be used, in accordance with applicable laws and regulatory approvals, to meet the Bank's asset-liability allocation needs, replenish funding sources, optimize the liability maturity structure, and promote the steady development of its business.