绿色债券周度数据跟踪-20260125
Soochow Securities·2026-01-25 06:26
  1. Report Industry Investment Rating - There is no industry investment rating information provided in the given content. 2. Report's Core View - The report tracks the weekly data of green bonds from January 19 - 23, 2026, covering the primary - market issuance, secondary - market trading, and the valuation deviation of the top thirty individual bonds [1][2][3]. 3. Summary by Relevant Catalog 3.1 Primary - Market Issuance - 20 new green bonds were issued in the inter - bank and exchange markets, with a total issuance scale of about 8.4 billion yuan, a decrease of 1.161 billion yuan from the previous week [1]. - The issuance terms are mostly 3 - year and 5 - year; issuers include central - enterprise subsidiaries, local state - owned enterprises, large private enterprises, and central financial enterprises [1]. - The issuer's ratings are mostly AAA, AA +, and AA; issuers are from Anhui, Beijing, Gansu, Guangdong, Guizhou, Hebei, Jiangsu, Shandong, Shanxi, Shaanxi, Sichuan, Yunnan, and Zhejiang [1]. - The bond types include ultra - short - term financing bills, private placement corporate bonds, general corporate bonds, China Agricultural Development Bank bonds, and medium - term notes [1]. 3.2 Secondary - Market Trading - The total weekly trading volume of green bonds was 63.5 billion yuan, a decrease of 1.3 billion yuan from the previous week [2]. - By bond type, the top three in trading volume are non - financial corporate credit bonds, financial institution bonds, and interest - rate bonds, with trading volumes of 30 billion yuan, 24.1 billion yuan, and 7.4 billion yuan respectively [2]. - By issuance term, green bonds with a term of less than 3 years have the highest trading volume, accounting for about 80.43% [2]. - By issuer's industry, the top three in trading volume are finance, public utilities, and transportation equipment, with trading volumes of 26.6 billion yuan, 11.3 billion yuan, and 3.4 billion yuan respectively [2]. - By issuer's region, the top three in trading volume are Beijing, Guangdong, and Hubei, with trading volumes of 18.7 billion yuan, 8.1 billion yuan, and 4.5 billion yuan respectively [2]. 3.3 Valuation Deviation of the Top Thirty Individual Bonds - The overall valuation deviation of the weekly trading average price of green bonds is not large. The discount trading amplitude is greater than the premium trading amplitude, and the proportion of discount trading is greater than that of premium trading [3]. - For discount bonds, the top three bonds with the highest discount rates are 24 Fengdian G2 (- 3.0627%), 25 Guoxuan High - tech GN001 (Sci - tech Innovation Bond) (- 0.8889%), and G19 Huangshi (- 0.6920%) [3]. - For premium bonds, the top three bonds with the highest premium rates are 26 GAC Group MTN001 (Sci - tech Innovation Bond) (0.6240%), 25 Puyang G1 (0.5783%), and 20 Zhejiang Bond 01 (0.3305%) [3].
绿色债券周度数据跟踪-20260125 - Reportify