On November 29, Geelong Hui: Bank of Shanghai (601229.SH) announced that, approved by the People's Bank of China, the company issued the "Bank of Shanghai Limited 2024 First Phase Small Micro Enterprise Loan Special Financial Bonds" in the national interbank bond market (hereinafter referred to as "this bond"), and completed the registration and custody of the bond at the China Securities Depository and Clearing Corporation.
The bond of this period was book built on November 26, 2024, and was fully issued on November 28, 2024. The issuance scale of this bond is RMB 20 billion, with a fixed interest rate variety of 3 years and a face interest rate of 2.04%. The funds raised by this bond issuance will be used specifically for small and micro enterprise loans, in accordance with applicable laws and regulatory approvals, to increase support for small and micro enterprise credit, promote the stable and healthy development of small and micro enterprise business.
