[CTBC Financial] Announcement of the Issuance of NT$9.6 Billion Perpetual Non-Cumulative Subordinated Financial Bonds by Subsidiary CTBC Bank
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CTBC Financial Holding announced that its subsidiary, CTBC Bank, is issuing the 50th series of perpetual non-cumulative subordinated financial bonds for the year 115, totaling NT$9.6 billion. The bonds carry a fixed annual interest rate of 4.50% and are intended to strengthen capital structure and working capital.
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Frequently Asked Questions
- Q: What is a subordinated bond?
- A: A bond with lower repayment priority, often counted as capital.