Core Insights - The issuance of "Tianjin Tianbao Commercial Factoring Co., Ltd. 2025 Annual Tianjin Free Trade Zone Phase I Technology Innovation Targeted Asset-Backed Securities" was successfully completed in the interbank bond market, with a total issuance scale of 495 million yuan [1] Group 1: Issuance Details - The securities have a two-year term and are backed by accounts receivable from small and medium-sized technology enterprises in the Tianjin Port Free Trade Zone [1] - The priority A class has a coupon rate of 2.7%, while the priority B class has a coupon rate of 2.5% [1] - Credit enhancement for the priority B class is provided by Tianjin Guokang Credit Enhancement Co., Ltd., with both classes receiving a credit rating of AAA [1]
天津市落地全国首单产业园区集合类科技创新资产支持证券