On December 16, China Everbright Bank issued 2025 Science and Technology Innovation Floating Rate Bonds through book-building in the national interbank bond market. The issuance size was 6 billion yuan, the bond term was 3 years, the coupon rate for the first tranche was set at 1.85%, and the subscription multiple reached 2.3 times.
It is reported that this round of science and technology innovation bonds attracted various types of investment institutions to participate in the subscription. The final allocation of investment institutions covered a wide range of investment institutions, including large state-owned banks, joint-stock banks, city commercial banks, rural commercial banks, funds, and securities companies, which has received high attention and positive response from the market.
The proceeds from this bond issuance will be invested in the science and technology innovation field as stipulated in the "Overall Statistical System for the Five Major Financial Tasks (Trial Implementation)," including issuing science and technology loans and investing in bonds issued by science and technology innovation enterprises, specifically supporting businesses in the field of science and technology innovation.
China Everbright Bank stated that it will continue to increase its support for technological innovation and enhance its ability to serve technology-based enterprises. It will focus its efforts precisely, collaboratively, and continuously on empowering the development of new-quality productivity, making new and greater contributions to the construction of a financial powerhouse and China's modernization.
