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On August 12, Lanzhou Bank made a groundbreaking achievement by successfully issuing a 5-year scientific and technological innovation bond worth 2 billion yuan, carrying a coupon rate of 1.80%. This issuance took place in the national interbank bond market through a bookbuilding process. Notably, this marks the first time a commercial bank in Northwest China has issued such a bond. The bank has affirmed that all proceeds from this bond will be dedicated to bolstering the science and technology innovation sector, encompassing the issuance of technology loans and investments in bonds of science and technology innovation enterprises, in strict adherence to the guidelines set forth by the "Overall Statistical System for Five Major Financial Articles (Trial Implementation)"
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