Bank of China assists the Ministry of Finance in issuing 4 billion euros of sovereign bonds | Euro Finance



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Original title: Bank of China assists the Ministry of Finance in issuing € 4 billion sovereign bonds Source: Financial Times

News from our newspaper reporter Li Lan reported on November 18,bank of ChinaAs the main underwriter and accountant, he helped the Ministry of Finance successfully issue € 4 billion of sovereign bonds around the world. Among these, the duration of 5 years is € 750 million, the duration of 10 years is € 2 billion and the duration of 15 years is € 1.25 billion. The coupon rates are 0%, 0.25% and 0.625% respectively, and the order size reaches 4.5 times the issue volume. The bonds will be listed in Hong Kong, London and Luxembourg.

It is reported that the Bank of China presided over the issuance of foreign sovereign bonds by the Ministry of Finance for the second time this year, and assisted the Ministry of Finance in issuing bonds worth approximately 10 billion. dollars. The types of bond investors this time include central banks and currency management authorities in some countries and regions, sovereign wealth funds, large international commercial banks, investment banks, insurance companies, pension funds, wealth management companies, etc.

In the context of the global spread of the new coronary pneumonia epidemic, this issue provides diversified investment tools for the international capital market, improves the price benchmarks for foreign bonds of Chinese companies, increases the confidence of international investors in the Chinese economy and helps Hong Kong’s status as an international financial center has effectively demonstrated China’s determination to create a new dual-cycle development model and promote two-way opening of the financial market.

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