BEIJING – The Export-Import Bank of China (China EximBank) announced on Monday that it has issued two themed financial bonds totaling 12 billion yuan ($1.66 billion) in the interbank bond market.
The bonds, issued last Thursday and Friday, aim to facilitate the quality and efficiency improvements of China’s foreign trade and support connectivity in foreign trade-related infrastructure, according to the bank.
Issued in one-year and ten-year maturities, the bonds attracted broad participation from domestic and international institutional investors, said the bank, noting that funds raised will specifically target foreign trade credit loans.
To advance high-quality foreign trade growth, China EximBank has recently introduced special programs to expand financial support for small and micro-sized foreign trade enterprises, and strengthen support for private companies involved in international trade, overseas investments, the Belt and Road Initiative, and developing new quality productive forces.
China EximBank is a state-funded and state-owned policy bank supporting China’s foreign trade, investment and international economic cooperation.
Tanks to chinadaily.com.cn
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