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绿色债券周度数据跟踪【20250825-20250829】(东吴固收李勇 徐津晶)20250830

Primary Market Issuance - In the week of August 25 to August 29, 2025, a total of 13 green bonds were issued in the interbank and exchange markets, with a total issuance scale of approximately 7.116 billion yuan, an increase of 0.326 billion yuan compared to the previous week [1] - The majority of the bonds had a maturity of 3 years, and the issuers were primarily local state-owned enterprises, central state-owned enterprises, and subsidiaries of central enterprises [1] - The issuers were located in various regions including Beijing, Anhui, Guangdong, Guangxi, Jilin, Jiangsu, Inner Mongolia, Shanghai, Tianjin, and Zhejiang [1] Secondary Market Trading - The total trading volume of green bonds in the secondary market for the week was 52.2 billion yuan, a decrease of 0.8 billion yuan from the previous week [3] - The top three types of bonds by trading volume were non-financial corporate credit bonds, financial institution bonds, and interest rate bonds, with volumes of 26.3 billion yuan, 19.6 billion yuan, and 5.2 billion yuan respectively [3] - Bonds with a maturity of 3 years or less accounted for approximately 83.88% of the trading volume, indicating sustained market interest [3] Valuation Deviations - The overall deviation in trading average prices for green bonds was minimal, with discount transactions being more prevalent than premium transactions [6] - The top three bonds with the highest discount rates were 20 Changding Green Bond 02 (-1.4922%), 24 Jiangsu Bank Green Bond 01 (-0.5561%), and 20 Yichun Chuangtou Green Bond (-0.4735%) [6] - The top four bonds with the highest premium rates were G22 Dazhu 1 (1.9770%), 25 Water Energy G1 (1.0131%), 20 Hunan Bond 108 (0.3497%), and 25 Nandian GN009 (Rural Revitalization) (0.3140%) [6]