trending Market Intelligence /marketintelligence/en/news-insights/trending/cj12wfnyevtblrfu6ygglw2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

New Development Bank issues 3B yuan of green bonds

State Of Indonesian Online Video: Subscription

Virtual Multichannel Revenues Projected To Soar In Next Five Years

Street Talk Episode 45 - Fed Moving From Rate Hikes To Lower For Longer

Consumer Engagement Remains Challenging For OTT Players In Asia


New Development Bank issues 3B yuan of green bonds

New Development Bank issued 3 billion yuan worth of greenbonds in China's interbank bond market, Reuters reported July 19.

The issuance marks the first yuan-denominated green bondssold in China by a multinational financial institution. Thefive-year bonds were priced at 3.07% per year. The total orderbook came to around 9 billion yuan.

Bank of China was the lead underwriter for the issue. ChinaDevelopment Bank, China Construction Bank, Industrial & Commercial Bank ofChina, HSBC and Standard Chartered were also underwriters.

The development bank plans to issue another 10 billion yuanworth of green bonds in China in the next six months, Xinhua News Agencyreported, citing New Development Bank's Vice President and CFO Leslie Maasdorp.The bank is also looking to also sell green bonds in Russia and India, he added.

New Development Bank is a multilateral development bankestablished by theBRICS nations: Brazil, Russia, India, China and South Africa.

As of July 19, US$1was equivalent to 6.70 Chinese yuan.