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In 2025, with the approval of relevant regulatory agencies, the Agricultural Bank of China was approved to issue the "China Agricultural Bank Co., Ltd. 2025 Tier 2 Capital Bonds (Series 3) (Bond Connect)" in the national interbank bond market. This series of bonds had a total issuance size of 60 billion RMB, divided into two types. The first type was a 10-year fixed-rate bond with an undetermined size and a face interest rate of 2.18%, with the issuer having the right to redeem at the end of the 5th year. The second type was a 15-year fixed-rate bond with a size of 25 billion RMB and a face interest rate of 2.50%, with the issuer having the right to redeem at the end of the 10th year. The funds raised will be used to supplement the Agricultural Bank's Tier 2 capital in accordance with regulations.