The Ministry of Finance successfully issued RMB green sovereign bonds in Canada
The total subscription amount is 54.04 billion yuan, which is 13.5 times the issuance amount.
Quick Look
- China's Ministry of Finance recently successfully issued a RMB 4 billion green sovereign bond in Canada, with a total subscription amount of RMB 54.04 billion, 13.5 times the issuance amount.
- This is the first time the Ministry of Finance has issued RMB green bonds in Canada.
AI-generated summary
Why It Matters
Financial cooperation results under the framework of the second China-Canada Economic and Financial Strategic Dialogue.
China News Service, November 11. According to the Ministry of Finance’s WeChat official account on the 11th, recently, the Ministry of Finance of the People’s Republic of China successfully issued 4 billion yuan of green sovereign bonds in Canada on behalf of the central government.
Among them, the three-year term is 2 billion yuan, with an issuance interest rate of 1.4%; the five-year term is 2 billion yuan, with an issuance interest rate of 1.5%. This RMB green sovereign bond was warmly welcomed by the market, and international investors enthusiastically subscribed. The total subscription amount was 54.04 billion yuan, which was 13.5 times the issuance amount.
This issuance is the first RMB green sovereign bond issued by the Ministry of Finance in Canada. It is an important measure to implement the second China-Canada Economic and Financial Strategic Dialogue and is of great significance for deepening exchanges and cooperation in the green and economic and financial fields between China and Canada.
The investors in this RMB green sovereign bond are diverse and geographically distributed. Investors in the Asia-Pacific region account for 77%, and non-Asia-Pacific investors account for a total of 23% (15% in the Americas, 8% in Europe); sovereign and super-sovereign investors, banks, fund management and insurance, traders and other types of investors 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.
Open Questions
- What specific green projects will the funds raised be invested in?





