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中国银行协助发行 首笔主权国家政策性银行“云吞债”
Jin Rong Shi Bao· 2025-08-08 07:59
Group 1 - The core viewpoint of the article highlights the successful issuance of the first Hong Kong dollar "Wonton Bond" by the Export-Import Bank of Korea, facilitated by the Bank of China as the settlement and managing agent [1] - The "Wonton Bond" is defined as public bonds issued in Hong Kong's offshore market, denominated in Hong Kong dollars, aimed at meeting institutional demand for HKD funds, thereby enriching the variety of the Hong Kong offshore bond market [1] - The bond received ratings of Aa2 from Moody's, AA from S&P, and AA- from Fitch, with a total issuance size of HKD 2.4 billion for a 3-year term, priced at 2.969% [1] Group 2 - The order book peaked at HKD 8.7 billion, achieving a subscription multiple of 3.625 times, setting a new record for the issuance multiple of "Wonton Bonds" [1] - This issuance marks the first "Wonton Bond" issued by a sovereign policy financial institution globally, showcasing the Bank of China's professional advantages in cross-border financial services [1]
中国银行助力全球首例主权政策性金融机构‘云吞债’成功发行
Sou Hu Cai Jing· 2025-07-09 11:30
Core Viewpoint - The issuance of the Hong Kong dollar "Wonton Bond" by the Export-Import Bank of Korea, assisted by the Bank of China, marks a significant milestone in international capital markets and showcases the strong collaboration between China and South Korea in financial sectors [1][3]. Group 1: Bond Issuance Details - The Export-Import Bank of Korea has successfully issued a 3-year bond worth 2.4 billion Hong Kong dollars, with a pricing of 2.969% [1]. - This bond is rated Aa2 by Moody's, AA by S&P, and AA- by Fitch, indicating a strong credit quality [1]. - The order book peaked at 8.7 billion Hong Kong dollars, achieving a subscription rate of 3.625 times, setting a new record for "Wonton Bond" issuance [1]. Group 2: Strategic Importance - The successful issuance reflects the strong market recognition and attractiveness of the Export-Import Bank of Korea as a leading bond issuer [3]. - The Bank of China plays a crucial role in facilitating international currency financing for its clients, demonstrating its global operational capabilities and cross-border collaboration mechanisms [3]. - The bond issuance is expected to inject new momentum into regional financial cooperation between China and South Korea, enhancing economic and financial ties [3].