The stock of RMB bonds of the Export-Import Bank exceeded 4 trillion yuan

Recently, the Financial Times reporter learned that as of January 7, 2022, the stock of RMB bonds of the Export-Import Bank exceeded 4 trillion yuan, and the cumulative issuance volume in the domestic bond market exceeded 8 trillion yuan, providing a source of power for the Export-Import Bank to support the high-quality development of the real economy, professional services for foreign economic, trade and investment development and international economic cooperation.

All along, the Export-Import Bank of China has been deeply engaged in the domestic bond market, and the issuance of RMB bonds has achieved comprehensive development. In 2021, the annual bond issuance of the Export-Import Bank of China reached 1.38 trillion yuan, double the issuance volume during the "13th Five-Year Plan" period, and raised funds to accurately support the weak links and key areas of the real economy.

Specifically, in the face of the challenge of the epidemic, the Export-Import Bank of China issued anti-epidemic theme bonds to help the frontline of the fight against the epidemic; supported flood prevention and disaster relief at the first time, issued a series of theme bonds for flood control, stable foreign trade, and energy supply; focused on regional coordinated development, issued theme bonds for regional integration in the Yangtze River Delta and the construction of the Guangdong-Hong Kong-Macao Greater Bay Area; based on the implementation of the new development concept, issued common prosperity theme bonds; led green sustainable development, and issued "Bond Connect" green financial bonds.

In addition, the Export-Import Bank of China promotes the issuance of a series of floating-interest bonds based on DR; enriches the channel model for investors to participate in the bond market, and directly carries out bidding and issuance for investors on a pilot basis; promotes the improvement of market liquidity and normalizes market-making support operations; meets actual investment needs and takes the lead in realizing marginal flexible bidding issuance; and refines the service segment investment groups and innovates the issuance of non-standard term zero-coupon bonds.

In 2021, the Export-Import Bank of China continued to strengthen capital constraints, strengthen risk management, improve incentive mechanisms, and successfully explore the issuance of the first policy-oriented bank perpetual bond in the market, improving the capital adequacy ratio and further strengthening capital strength and risk resilience. Next, the bank will continue to strengthen its original mission, adhere to the functional positioning, continue to explore the path of financial development with Chinese characteristics in the new era and new journey, work hard, and continue to contribute to the construction of a new development pattern.

This article originated from the Financial Times