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03698 HUISHANG BANK
RTNominal down2.220 -0.010 (-0.448%)
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08/09/2017 11:14

Huishang Bank approved to issue Rmb5bn green financial bonds

[ET Net News Agency, 8 September 2017] Huishang Bank (03698) said it is approved by the
China Banking Regulatory Commission to publicly issue green financial bonds in an amount
not exceeding Rmb5 billion in the national interbank bond market in the People's Republic
of China.
The bank will use the entire proceeds raised thereof for lending to green industry
projects.
The bank issued the first tranche of the green financial bonds with an issuing size of
Rmb1 billion in the national interbank bond market in the People's Republic of China on 6
September. The bond has three years to maturity and a coupon rate of 4.49%. (HL)

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