票面利率“1字头”！股权巨头出手

Core Insights - The central point of the news is the announcement by the central bank and the China Securities Regulatory Commission regarding the support for the issuance of technology innovation bonds by private equity investment institutions, allowing them to raise funds for establishing and expanding private equity investment funds [1] Group 1: Announcement and Market Response - The central bank and the CSRC have jointly issued an announcement to support the issuance of technology innovation bonds by qualified private equity investment institutions [1] - Several private equity institutions, including Xike Holdings, Luxin Investment, and others, have announced successful issuance or plans to issue technology innovation bonds, with some coupon rates exceeding 2% and others below 2% [1] - As of May 8, 24 private equity institutions have registered to issue technology innovation bonds, with an expected total scale of 15.5 billion [1][13] Group 2: Specific Issuances - Xike Holdings successfully issued its first phase of targeted technology innovation bonds with a scale of 300 million, a term of 3 years, and a coupon rate of 2.5% [4] - Luxin Investment issued its first phase of technology innovation bonds with a scale of 500 million, a term of 5 years, and a coupon rate of 2.6% [4] - Xichuang Investment announced a planned issuance of 250 million technology innovation bonds with a coupon rate of 2.10% [7] - Yizhuang Guotou issued its first phase of technology innovation bonds with a scale of 500 million and a coupon rate of 1.94%, marking the lowest rate for the company [8] - Yuanhe Holdings plans to issue 600 million technology innovation bonds, with funds allocated to support strategic emerging industries [10] - Jinhesheng Holdings also plans to issue 600 million technology innovation bonds, focusing on sectors like healthcare and advanced manufacturing [12] Group 3: Considerations for Issuance - Private equity institutions are considering the issuance of technology innovation bonds while evaluating factors such as issuance costs, terms, and risk-sharing mechanisms [14] - Institutions aim to lower financing costs through policy-backed credit enhancement tools and prefer longer terms to match the investment cycles of hard technology projects [14]