Jilin to Establish Provincial Bank, 260 Billion Yuan Special Bond for Small and Medium-sized Banks Lands
【Great River Financial Cube News】July 22, Jilin Province's Department of Finance revealed the results of the 2025 sixth batch of Jilin Provincial Government bonds issuance.
This batch of bonds totaled 334.2764 billion yuan in aggregate, with 260 billion yuan allocated to support the development of small and medium-sized banks, with a bond term of 10 years and an issue face rate of 1.76%. As such, the first special bond for small and medium-sized banks in China's 2025 nationwide has officially taken root.
According to the issuance file, this time's issuance of 260 billion yuan special bonds and adjustment of Jilin Agricultural Bank's internal 86 billion yuan special bonds totaling 346 billion yuan will be allocated by Jilin Province's Department of Finance to Jilin Gold Control Group. Jilin Gold Control Group will invest in Jilin Agricultural Bank, helping it enhance its capital adequacy ratio and risk-resistance capabilities, strengthen operational capacity, and support business development.
Editor: Shi Jian | Auditor: Li Zhen | Monitor: Gu Qian