On January 19, China Development Bank issued 15 billion yuan of "bond link" green financial bonds for global investors in the national inter-bank bond market. So far, the development bank has issued 120 billion yuan of green financial bonds, with a balance of 110 billion yuan, ranking first in the market.
The issuance period of this issue of special bonds is 5 years, with a coupon rate of 2.45%, which has been actively subscribed by various investors at home and abroad, with a subscription multiple of 3.36 times. At the same time, the bonds will be sold to the public through the counter organizer. The bond raised funds will serve the green upgrading projects of urban rail transit and other infrastructure, and focus on supporting the improvement of the public transport system in Guangdong, Jiangsu, Zhejiang, Shandong, Shaanxi and other provinces.
It is understood that this bond raising and investment project has strict screening standards, high quality and obvious environmental and social benefits. It meets domestic and foreign standards such as the catalogue of green bond support projects, green bond principles and climate bond standards, and has obtained the independent evaluation certification of third-party institutions and the labeling certification of International climate bond initiative organization. The green grade is G1. It is estimated that after the completion of relevant projects, it is expected to reduce 19600 tons of carbon dioxide and 9700 tons of standard coal per year, which will effectively improve the green development level of the transportation system.
The relevant person in charge of the capital Department of the development bank said that in the next step, the development bank will continue to play the role of development finance, continuously enrich the varieties of green financial bonds, further improve the yield curve of green bonds, actively promote the interconnection and high-quality development of the bond market, and help further improve the ability of the bond market to serve green development.
