财政部在香港成功发行40亿美元主权债券

Core Points - The Ministry of Finance of the People's Republic of China successfully issued $4 billion in sovereign bonds in the Hong Kong Special Administrative Region on November 5 [1] - The issuance included $2 billion in 3-year bonds with an interest rate of 3.646% and $2 billion in 5-year bonds with an interest rate of 3.787% [1] - The bonds received strong market interest, with total subscriptions amounting to $118.2 billion, representing a subscription rate of 30 times the issuance amount [1] - The 5-year bonds had an even higher subscription rate of 33 times [1] Investor Composition - The investor base was diverse, with geographical distribution as follows: 53% from Asia, 25% from Europe, 16% from the United States, and 6% from the Middle East [1] - In terms of investor types, sovereign entities accounted for 42%, banks and insurance companies for 24%, fund management for 32%, and dealers for 2% [1] - All issued bonds will be listed on the Hong Kong Stock Exchange [1]