China Post Life Insurance approved to issue no more than 1.2 billion yuan of perpetual capital bonds

2026-03-27 17:04:22

Recently, the Beijing Regulatory Bureau of the National Financial Supervision and Administration released an approval, allowing China Postal Life Insurance to publicly issue perpetual capital bonds in the national interbank bond market, with an issuance scale not exceeding RMB 1.2 billion (including 1.2 billion).

The approval indicates that China Postal Life Insurance must strictly comply with the “Notice of the People’s Bank of China and the China Banking and Insurance Regulatory Commission on Issues Related to the Issuance of Perpetual Capital Bonds by Insurance Companies” (Yin Fa [2022] No. 175), and the “Announcement No. 3 of the People’s Bank of China and the China Insurance Regulatory Commission in 2015 (Regarding Matters Related to the Issuance of Capital Supplement Bonds by Insurance Companies)” and other relevant regulations.

China Postal Life Insurance should complete the issuance matters within the time limit prescribed by the bond market regulatory authority and report the relevant issuance situation to the bureau within 10 working days after the issuance is completed.

(National Financial Supervision and Administration)

(Editor: Qian Xiaorui)

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