Zhongyuan Bank Co., Ltd. (ZYBANK) confirmed the successful placement of its 2026 undated capital bonds (first tranche) in China’s national inter-bank bond market. The issuance, approved by the Henan Regulatory Bureau of the National Financial Regulatory Administration and the People’s Bank of China, was book-built on 17 September 2026, with settlement finalized on 21 September 2026.

The bond issue raised RMB10.00 billion, carrying a 1.92 % coupon for the initial five-year period. The coupon will reset every five years thereafter, and the bank retains the option to redeem the bonds in whole or in part on each interest payment date from the fifth year onward.

Proceeds are earmarked for replenishing Zhongyuan Bank’s additional Tier 1 capital, in line with applicable regulations and subject to further regulatory approvals.

The announcement was authorized by the board of directors, chaired by Mr. Zhou Feng, and released on 22 September 2026 from Zhengzhou, People’s Republic of China.