The first and second batches of savings bonds (certificate type) of China for 2026 were issued starting today (10th) at six major banks: ICBC, ABC, BOC, CCB, BOCOM, and PSBC, as well as some banks like Zheshang Bank, according to CCTV. These bonds can only be purchased at bank branches, and they come in two terms: three years and five years. The annual interest rate for a three-year term is 1.63%, and that for a five-year term is 1.7%.Related News CLSA Expects Significant Narrowing in NIM Decline for Chinese Banks This Year, Supporting Profit Recovery; Broadly Raises TPs
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