Bank of Tianjin announced on Tuesday that it would issue up to 5 billion yuan worth of 10-year fixed-rate bonds on August 21 in a bid to enrich its tier-2 capital.
China Lianhe Credit Rating Co. affirmed the issuer's credit rating at AA+ and assigned a rating of AA to this batch of bonds.
So far, Chinese commercial banks have offered 27 batches of tier-2 capital bonds with a total value of 104.364 billion yuan this year, according to data from Wind Info.
Latest comments