The reporter learned today from the China Development Bank that on September 3, the China Development Bank successfully bookmarked and issued 5 billion yuan of 3-year green finance bonds at the Shanghai Clearing House through the China Foreign Exchange Trading Center issuance system, with an interest rate of 1.27%. This is the first time that CDB has used online bookkeeping and filing methods to issue green finance bonds, effectively improving issuance efficiency and transparency. The green finance bond involved projects selected in strict accordance with the “Green Finance Support Project Catalogue”, with a green grade of G1. The funds raised will mainly be used in key areas such as green infrastructure upgrading, energy saving and carbon reduction industries, green and low-carbon energy transformation, and ecological protection, restoration and utilization. This issuance is a new attempt by CDB to optimize the bond issuance and pricing mechanism and reduce price differences in the primary and secondary markets. It is also a new exploration to enable green and low-carbon financing through market-based methods.

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