The Asian Infrastructure Investment Bank (AIIB) has successfully issued 3 billion yuan in three-year panda bonds. The final pricing set the coupon rate for this bond issuance at 1.70%.
A total of 34 investors participated in the subscription, generating total orders amounting to 9 billion yuan. Both the order size and the number of investors reached record highs. Due to strong investor demand, the issuance size was increased from the initially planned 2 billion yuan to 3 billion yuan.
In terms of investor composition, both domestic and international institutions participated actively. Overseas investors were allocated 58% of the bonds, while domestic investors accounted for 42%. By institution type, bank treasuries made up 80% of the allocation, central banks and official institutions accounted for 18%, and securities firms and insurance companies together represented 2%.
Domenico Nardelli, AIIB Treasurer and Acting Chief Financial Officer, stated that against the backdrop of global market volatility, China's onshore bond market has demonstrated stable operation and continues to show strong appeal to high-quality issuers. The enthusiastic market response to this issuance further underscores the importance of diversified financing channels and a global investor base, fully demonstrating the sustained market recognition of AIIB's yuan-denominated onshore bonds.
As a regular issuer in the panda bond market, AIIB continues to broaden its diversified financing channels while actively participating in and supporting the development and internationalization of China's domestic capital market. Building on this foundation, the bank will further deepen cooperation to promote the construction of a more resilient financing ecosystem.
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