China Development Bank issued 12 billion yuan in green financial bonds, focusing on supporting the green upgrade of infrastructure.

On March 5th, the China Development Bank successfully issued 12 billion yuan worth of 3-year green financial bonds at the Shanghai Clearing House, with an issuance interest rate of 1.55% and a subscription multiple of 3.01 times. Up to now, the China Development Bank has issued a total of 241.5 billion yuan of green financial bonds. This issuance strictly followed the "Green Financial Support Project Directory" in selecting projects, with a green rating of G1. The funds raised will mainly be used for green upgrades of infrastructure, green and low-carbon transformation of energy, recycling of resources, energy conservation and carbon reduction industries, and other areas.