Postal Savings Bank of China (HKG:1658, SHA:601658) issued Tier 2 capital bonds worth 40 billion yuan, according to Shanghai bourse filing on Friday.
The fixed-rate bond has a 1.92% coupon rate and a ten-year maturity period. The lender has the option to redeem the bond at the end of its fifth year.
The lender's Hong Kong shares rose 2% during the morning trade.