The China Development Bank issues 12 billion yuan in green financial bonds to support green infrastructure upgrades

robot
Abstract generation in progress

A reporter learned today from the China Development Bank that the China Development Bank successfully issued 120 billion yuan of 3-year green financial bonds on March 5 through the Shanghai Clearing House, with an issuance coupon rate of 1.55%, a subscription multiple of 3.01 times, and strong investor demand. As of now, the China Development Bank has cumulatively issued 2,415 billion yuan of green financial bonds. According to the introduction, this issuance strictly selected projects in accordance with the “Green Finance Support Project Directory (2025 Edition),” with a green rating of G1 (the highest level). The funds raised will be mainly used for areas including green infrastructure upgrades, the green and low-carbon transition in energy, resource recycling industries, and energy conservation and carbon reduction industries. After the related projects are completed, they are expected to save an average of 25.47 million metric tons of standard coal per year and reduce carbon dioxide emissions by 61.63 million metric tons. (China Central Television News)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin