The ministry of finance of the People's Republic of China (mof) successfully issued 4 billion euros of sovereign bo
nds in Paris, France, on November 5, Paris time, according to the mof website. Of this, the seven-year maturity of 2 billion euros, the issue rate of 0.197%; 12-year 1 billion euros at 0.618%; The 20-year maturity is 1 billion euros and the issue rate is 1.078 percent. Internatio
nal investors subscribed heavily, with a total subs
cription of more than €20bn, five times the amount of the issue, of which 57% came from Europe and 43% from outside Europe. The bond will then be listed on euro
next and the Lo
ndon stock exchange.
This is the Chinese government issued euro sovereign bonds for the first time in 15 years, is by far the largest single issued by the Chinese government foreign sovereign bonds, also is the first in France pricing and listing of China's sovereign bonds, to the international market, especially the European investors passed China all-round high levels of open information, to further promote China's more deeply into the international financial market has important and far-reaching significance.
The successful issuance of euro sovereign bonds marks the resumption of euro financing channels by the Chinese government on the basis of the issuance of us dollar sovereign bonds for two consecutive years, which is conducive to enriching and improving the yield curve of Chinese sovereign bonds outside China and providing a benchmark of market reference significance for Chinese issuance of euro financing. Method in the 55th anniversary of the pricing issue of China's sovereign bonds in Paris, reflects China's emphasis on Europe's financial markets will be in the two sides closer economic and financial cooperation, create a more solid, solid, vibrant comprehensive strategic partnership to provide help, help to further deepen the china-france and china-eu economic and trade cooperation