Hainan successfully issued 5 billion yuan in offshore renminbi local government bonds in Hong Kong.

On September 12, the Hainan Province completed the bookbuilding, pricing, and issuance of 2025 offshore RMB local government bonds in Hong Kong, with a total issuance size of 5 billion RMB. This includes 25 billion RMB of 3-year sustainable development bonds priced at 1.73%, 15 billion RMB of 5-year blue bonds priced at 1.83%, and 10 billion RMB of 10-year aerospace-themed bonds priced at 2.1%. The bonds will be listed on the Hong Kong Stock Exchange. The issuance of the bonds follows international market rules and has attracted widespread attention from investors, with diverse institutions from Europe, Asia, and other regions participating, including commercial banks, investment banks, securities firms, funds, and asset management companies. The peak order size was nearly 23 billion RMB, reflecting international capital markets' recognition and confidence in the credit strength and development prospects of the Hainan Free Trade Port.