A report from the financial sector on July 24th indicates that Shanghai Pudong Development Bank Co.,Ltd. has announced the completion of its bond issuance. Following regulatory approval, the bank issued the "Shanghai Pudong Development Bank Co.,Ltd. 2026 First Phase Small and Micro Enterprise Loan Special Financial Bond" on the National Interbank Bond Market. The book-building process took place on July 22, 2026, with the issuance finalized on July 24.
The bond has a total scale of 30 billion yuan, a term of 3 years, and carries a fixed interest rate with a coupon rate of 1.56%. The funds raised from this bond issuance will be specifically allocated to provide loans for small and micro enterprises.
This information is sourced from a financial news platform.