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Report: China Considers Issuing Green Sovereign Bonds Again in London Within the Year
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Bloomberg reported that China is considering issuing green sovereign bonds again in London within the year, aiming to expand its influence in international debt markets and raise funds for climate action. Officials from Chinas Ministry of Finance are reportedly in discussions with investment banks, while details such as total issuance size, tenor and structure have yet to be finalized. In April last year, China issued offshore RMB-denominated green sovereign bonds in London for the first time, raising RMB6 billion to finance projects including climate change mitigation, biodiversity protection and pollution control. Earlier last year, China released its Green Sovereign Bond Framework as the basis for issuing Chinese green sovereign bonds overseas. Subsequently, Vice Minister of Finance Liao Min further stated that China would consider expanding the venues and currencies for sovereign bond issuance, including green bonds, and explore ways to regularize such issuances in the future. (ss/da) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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