[Redemption continues to superimpose the demand for capital replenishment, and the issuance of secondary permanent bonds by banks increased significantly in the first three quarters] October 10th. In the first three quarters of this year, the issuance of secondary capital bonds and perpetual bonds (collectively referred to as "secondary bonds") by commercial banks increased significantly, with a total scale of approximately 1.63 trillion yuan, a year-on-year increase of approximately 30%. The continued redemption of existing bonds and the new capital demand brought about by credit extension have jointly pushed banks to speed up their "blood replenishment". From the perspective of supplementary paths, large and medium-sized banks have become the main issuers of Eryong bonds, while small and medium-sized banks have supplemented capital more through capital increase and share expansion. (Shanghai Securities News)