Core Viewpoint - The issuance of the first multi-entity Credit Risk Mitigation Warrant (CRMW) by China International Capital Corporation (CICC) marks a significant development in the financial market, aimed at enhancing credit protection for green asset-backed commercial papers and promoting investment in green sectors [1] Group 1: Product Details - The multi-entity CRMW is the first of its kind in the market, designed to provide credit protection for multiple green asset-backed commercial papers [1] - CICC serves as the issuing institution, while Dongfang Securities participates as a credit protection counterparty [1] Group 2: Market Impact - This CRMW product is expected to channel financial resources more effectively into green sectors, thereby supporting the development of the real economy and diversifying risks in the interbank market [1] - The initiative highlights the importance of credit derivatives in enhancing market efficiency and transparency [1] Group 3: Technical Support - Beijing Financial Assets Exchange (Beijing Financial Exchange) provided efficient, secure, and standardized infrastructure support for the online creation of the multi-entity CRMW, contributing to improved market operations [1]