Green bond sector sprouting up nationwide By JIANG XUEQING | China Daily | Updated: 2021-03-16 09:47 Share CLOSE Employees of State Grid Suzhou Power Supply Co check facilities at a charging station in Suzhou, Jiangsu province, in December. [Photo/Xinhua]
Environmentally sustainable financing system key to peaking CO2 emissions by 2030, reaching carbon neutrality by 2060
China s green bond market has been growing steadily as the system keeps improving and the idea of environmentally sustainable investment deepens.
In 2020, the world s second-largest economy issued 216 green bonds worth 222.88 billion yuan ($34.48 billion). Domestic issuers altogether issued 18 green bonds overseas, worth a total of about 49.6 billion yuan, according to a report released by China Lianhe Credit Rating Co Ltd.
Green bond sector sprouting up nationwide
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Green bond sector sprouting up nationwide
chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
ADB raises $307 million from first panda issue in over a decade ANI | Updated: Mar 11, 2021 13:42 IST
Manila [The Philippines], Mar 11 (ANI): The Asian Development Bank (ADB) has raised 307 million dollars from its first panda bond issue in more than a decade, representing its largest-ever borrowing in an Asian local currency.
The bond pays a 3.2 per cent annual coupon and features a five-year bullet maturity redeeming in March 2026. It represents the first borrowing from a programme approved by regulator National Association of Financial Market Institutional Investors in June 2020.
The offering was 1.86 times oversubscribed and widely distributed to domestic and international investors through centralised book building and auction in the China Inter-Bank Bond Market following a comprehensive programme of investor roadshows and one-on-one meetings.
ADB raises $307 million from first panda issue in 10 years
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