On November 9, the Ministry of Finance of the People's Republic of China successfully issued RMB 4 billion green sovereign bonds in Canada on behalf of the central government. Among them, the 3-year term is 2 billion yuan, the issuance interest rate is 1.4%; the 5-year term is 2 billion yuan, and the issuance interest rate is 1.5%. This time, RMB green sovereign bonds were warmly welcomed by the market, and international investors actively subscribed for them. The total subscription amount was 54.04 billion yuan, which is 13.5 times the amount issued. This issuance is the first time that the Ministry of Finance has issued RMB green sovereign bonds in Canada. It is an important step to implement the second Sino-Canadian economic and financial strategic dialogue, and is of great significance in deepening exchanges and cooperation between China and Canada in the field of green economy and finance. The current RMB Green Sovereign Bonds have a wide variety of investors and a wide geographical distribution. Investors from the Asia-Pacific region account for 77%, and investors from non-Asia-Pacific regions together account for 23%; investors in the form of sovereign and supersovereign, banking, fund asset management, insurance, and traders account for 32%, 45%, 22%, and 1%, respectively; green and sustainable investors account for 41%. The bonds issued this time will be listed on the Hong Kong Stock Exchange.

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