Weihai Bank Completes 500 Million Yuan Green Bond Issuance

Stock News09-21 17:42

Weihai Bank (09677) has announced the successful issuance of its 2026 green financial bonds (second tranche) in China's interbank bond market. The second tranche of green bonds has a total issuance scale of 500 million yuan, with a coupon rate of 1.65% and a maturity period of three years.

According to the bank's official statement, the funds raised from this green bond issuance will be allocated in full to green industry projects as defined by the Green Financial Support Project Catalogue (2025 Edition), subject to applicable laws and regulatory approvals. The allocation also complies with the standards outlined in the Biodiversity Finance Catalogue (Trial Version), ensuring that the proceeds support environmentally sustainable initiatives.

This issuance marks another step for Weihai Bank in expanding its green financing footprint within the national interbank market, reinforcing its commitment to channeling capital toward projects that promote ecological and biodiversity goals.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment