On December 15, 2023, Shunde Rural Commercial Bank's first non-fixed-term capital bond (perpetual bond) was successfully issued, bond abbreviation: 23 Shunde Rural Commercial Perpetual Bond 01, bond**: 242380036. The issuance scale of this bond is 2 billion yuan, and the coupon rate is 353%, with a tenor of 5+n years, and a full-time multiple of 358 times.
The smooth issuance of this bond has been strongly supported by the Foshan Municipal Party Committee, the People's Bank of China and the State Administration of Financial Supervision and Administration. At the same time, this issue of bonds has received wide attention from the market, attracting more than 60 financial institutions to actively subscribe, including joint-stock banks, urban commercial and rural commercial banks, securities firms, wealth management sub-banks, **, etc. The coupon rate of this issue of bonds is the lowest issuance rate of bonds of the same variety and rating during the year, which fully demonstrates the high recognition of Shunde Rural Commercial Bank's good operation and credit qualification by the market and institutional investors.
As the largest corporate financial institution in Foshan with a history of 71 years, Shunde Rural Commercial Bank has continued to develop steadily in various core business indicators, and has always practiced the common development of enterprises and society around the idea of first-class economic development, actively serving the real economy and making outstanding contributions to the progress of people's lives. The successful issuance of the perpetual bonds fully demonstrates investors' confidence and enthusiasm for the development of the bank, and also reflects the bank's solid business foundation and strong development momentum. At the same time, it also provides strong capital support for the bank to continue to serve the real economy. The bank will live up to expectations, continue to take "serving the society and developing the economy" as its own responsibility, and give back and thank investors for their strong support with high-quality development.