中国主权信用
Search documents
财政部在卢森堡发行40亿欧元主权债券 巩固欧元融资权威定价标杆
Xin Hua Cai Jing· 2025-11-19 10:11
新华财经北京11月19日电新华财经19日获悉,财政部18日在卢森堡成功发行了40亿欧元主权债券。其 中,4年期20亿欧元,发行利率为2.401%;7年期20亿欧元,发行利率为2.702%。这是我国首次在卢森 堡发行欧元主权债券,受到市场热烈欢迎,国际投资者认购踊跃,总认购金额1001亿欧元,是发行金额 的25倍。其中,7年期认购倍数26.5倍。 据了解,此次欧元主权债券投资者类型丰富,地域分布广泛。欧洲、亚洲、中东、美国离岸投资者分别 占比51%、35%、8%、6%,主权类、基金资管、银行和保险、交易商等类型投资者分别占比26%、 39%、32%、3%。此次发行的债券全部托管在香港金管局债务工具中央结算系统(CMU),随后将在 香港联合交易所和卢森堡证券交易所上市。 德意志银行中国债务资本市场主管方中睿(Samuel Fischer)对新华财经表示,"此次发行适逢第四次中 德高级别财金对话在北京成功举行,我们非常荣幸能再次协助财政部完成这一里程碑式的发行,再次见 证全球投资者对中国主权信用和宏观经济基本面的高度信任,进一步提升了中国资产在全球资本市场的 影响力与配置权重。此次成功发行不仅现固了中国主权债券在国 ...
农业银行协助财政部在香港发行40亿美元主权债券
Xin Hua Cai Jing· 2025-11-06 11:06
Core Insights - The issuance of $4 billion sovereign bonds by the Agricultural Bank of China in collaboration with the Ministry of Finance was successfully completed in Hong Kong, indicating strong international market confidence in China's sovereign credit [1] - The bonds included two maturities: $2 billion for 3-year bonds at an interest rate of 3.646% and $2 billion for 5-year bonds at an interest rate of 3.787% [1] - The offering received an overwhelming response with a subscription scale of $118.2 billion, nearly 30 times the issuance amount, reflecting robust confidence in China's long-term economic prospects [1] Summary by Categories Issuance Details - The Agricultural Bank of China acted as a joint lead underwriter for the issuance of $4 billion sovereign bonds [1] - The bonds were split into two categories: 3-year and 5-year, each amounting to $2 billion [1] - The interest rates for the bonds were set at 3.646% for the 3-year bonds and 3.787% for the 5-year bonds [1] Market Reception - The bonds were met with enthusiastic demand, achieving a subscription level of $118.2 billion, which is approximately 30 times the amount issued [1] - This high level of interest signifies the international market's strong recognition of China's sovereign credit [1] Strategic Implications - The issuance serves as a high-quality investment option for the offshore market and signals China's commitment to advancing high-level opening-up to the international community [1] - The Agricultural Bank of China provided essential support through its global sales and professional pricing capabilities, indicating its role in expanding China's sovereign bond international financing channels [1]