China Construction Bank Corporation issued the 2022 tier-2 capital bonds (Second Tranche) of China Construction Bank Corporation (the "Bonds") in the domestic interbank bond market. The issuance has been completed on 7 November 2022. The issue size of the Bonds is RMB 40 billion.

The Bonds consist of two types. The first type of the Bonds are fixed rate bonds with a term of 10 years, coupon rate of 3.00% and an issue size of RMB 25 billion, and the issuer is entitled to redeem such Bonds at the end of the fifth year. The second type of the Bonds are fixed rate bonds with a term of 15 years, coupon rate of 3.34% and an issue size of RMB15 billion, and the issuer is entitled to redeem such Bonds at the end of the tenth year.

The funds raised from the issuance of the Bonds will be used to replenish the Bank's tier-2 capital in accordance with the applicable laws and the approvals from the regulatory authorities.