绿色债券周度数据跟踪（20250811-20250815）-20250816

Report Industry Investment Rating - No industry investment rating information is provided in the report. Core Viewpoints - The report tracks the weekly data of green bonds from August 11 - August 15, 2025, covering primary market issuance, secondary market trading, and valuation deviation of the top 30 individual bonds [1][2][3]. Summary by Related Catalogs Primary Market Issuance - 10 new green bonds were issued in the inter - bank and exchange markets, with a total issuance scale of about 1.3131 billion yuan, an increase of 221.8 million yuan from the previous week [1]. - The issuance terms are mostly 3 years; issuers include local state - owned enterprises, central state - owned enterprises, central enterprise subsidiaries, and central financial enterprises [1]. - The issuer's main credit ratings are AAA and AA+; issuers are from Beijing, Guangdong, Guangxi, Henan, Jiangsu, and Inner Mongolia [1]. - The types of issued bonds include ultra - short - term financing bills, ABNs from the Dealer Association, commercial bank ordinary bonds, medium - term notes, private corporate bonds, and general corporate bonds [1]. Secondary Market Trading - The weekly trading volume of green bonds totaled 5.78 billion yuan, an increase of 1.04 billion yuan from the previous week [2]. - By bond type, the top three in trading volume are non - financial corporate credit bonds (2.61 billion yuan), financial institution bonds (2.13 billion yuan), and interest - rate bonds (630 million yuan) [2]. - By issuance term, green bonds with a term of less than 3 years had the highest trading volume, accounting for about 78.96%, indicating continuous market popularity [2]. - By issuer's industry, the top three industries in trading volume are finance (2.47 billion yuan), public utilities (1.2 billion yuan), and transportation equipment (180 million yuan) [2]. - By issuer's region, the top three regions in trading volume are Beijing (1.75 billion yuan), Guangdong (670 million yuan), and Hebei (510 million yuan) [2]. Valuation Deviation of the Top 30 Individual Bonds - The overall deviation of the weekly average trading price valuation of green bonds is not large, with the discount trading range smaller than the premium trading range, and the proportion of discount trading smaller than that of premium trading [3]. - Among the discount bonds, the top three discount rates are for 25 ShuiNeng G1 (- 0.7750%), 21 LinChuan Green Bond 02 (- 0.7466%), and 21 XinYi Green Bond (- 0.2536%), and the rest of the discount rates are within - 0.20%. The main industries of the issuers are finance, construction, and public utilities, and the implied ratings of ChinaBond are mainly AAA -, AA, and AA+ [3]. - Among the premium bonds, the top four premium rates are for 20 HuNan Bond 65 (0.9090%), 25 XiangYu JinXiang MTN003 (green) (0.7237%), 20 GuangDong Bond 05 (0.6806%), and 20 GuangDong Bond 16 (0.6433%), and the rest of the premium rates are within 0.60%. The main industries of the issuers are finance, public utilities, and transportation equipment, and the implied ratings of ChinaBond are mainly AA+, AA, and AAA - [3].