On September 16, Hainan Province issued offshore RMB local government bonds in Hong Kong. This is the fifth year in a row that the Hainan provincial government has issued offshore RMB local government bonds in Hong Kong. It is also the first time that the Hainan Free Trade Port has issued offshore RMB bonds after the island-wide customs clearance operation of the Hainan Free Trade Port. The offering was mainly aimed at Asian and European investors, and attracted the active participation of 59 institutional investors from 8 countries and regions. According to information, Hainan Province issued 5 billion yuan of offshore RMB local government bonds in Hong Kong, including 2.5 billion yuan for a 3-year term, 1.5 billion yuan for a 5-year term, and 1 billion yuan for a 10-year term. The pricing interest rates are 1.41%, 1.51%, and 1.81%, respectively. The peak order volume reached 43.7 billion yuan, exceeding the level of previous years, and nearly 9 times the distribution scale. The funds raised are mainly invested in marine ecological protection, medical and health infrastructure construction, and the construction of key projects in the Lingshui Li'an International Education Innovation Pilot Zone.

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