绿色债券周度数据跟踪-20251011

Report Summary 1. Report Industry Investment Rating No industry investment rating is provided in the report. 2. Core View of the Report The report presents a weekly data tracking of green bonds from September 29, 2025, to October 10, 2025, covering primary market issuance, secondary market trading, and valuation deviation of the top 30 individual bonds [1][2][3]. 3. Summary by Relevant Catalogs Primary Market Issuance - Number and Scale: A total of 11 green bonds were newly issued in the inter - bank and exchange markets, with a total issuance scale of approximately 15.25 billion yuan, a decrease of 15.724 billion yuan compared to the previous week [1]. - Issuance Terms: Most issuance terms were 3 years [1]. - Issuer Nature: Issuers included local state - owned enterprises, large private enterprises, and central financial enterprises [1]. - Subject Ratings: Most subject ratings were AAA and AA+ [1]. - Issuer Regions: Issuers were from Guangdong, Beijing, Zhejiang, Jiangsu, and Henan [1]. - Bond Types: Bond types included medium - term notes, commercial bank ordinary bonds, enterprise ABS, and ABN of the National Association of Financial Market Institutional Investors [1]. Secondary Market Trading - Total Turnover: The weekly turnover of green bonds was 41.8 billion yuan, a decrease of 28.5 billion yuan compared to the previous week [2]. - By Bond Type: The top three in trading volume were non - financial corporate credit bonds (22.9 billion yuan), financial institution bonds (14.4 billion yuan), and interest - rate bonds (3.9 billion yuan) [2]. - By Issuance Term: Green bonds with a term of less than 3 years had the highest trading volume, accounting for approximately 88.62% [2]. - By Issuer Industry: The top three industries in trading volume were finance (16.2 billion yuan), public utilities (9.7 billion yuan), and transportation equipment (1.5 billion yuan) [2]. - By Issuer Region: The top three regions in trading volume were Beijing (15.9 billion yuan), Guangdong (4.1 billion yuan), and Hubei (4 billion yuan) [2]. Valuation Deviation of the Top 30 Individual Bonds - Overall Situation: The overall valuation deviation of the weekly average trading price of green bonds was not significant. The discount trading amplitude was smaller than the premium trading amplitude, and the discount trading proportion was greater than the premium trading proportion [3]. - Discount Bonds: The top three discount bonds were 20 Yichun Venture Capital Green Bond (-0.4666%), GC Sanxia K2 (-0.4627%), and 24 China Power GN003 (Carbon - Neutral Bond) (-0.1594%). The subject industries were mainly finance, public utilities, and energy, and the regions were mainly Guangdong, Beijing, and Tianjin [3]. - Premium Bonds: The top three premium bonds were 25 Rongwang G1 (0.7270%), 19 Tianjin 32 (0.3605%), and 25 Xiangyu GN010 (0.3512%). The subject industries were mainly finance, construction, and transportation, and the regions were mainly Beijing, Zhejiang, and Jiangsu [3].