Since July, the issuance of technology innovation bonds by small and medium-sized banks has significantly accelerated.

Starting in July this year, the issuance of technology innovation bonds by small and medium-sized banks has significantly accelerated. Nearly 10 city commercial banks and rural commercial banks such as Changsha Bank, Ningbo Bank, and Ruifeng Bank announced the issuance of technology innovation bonds, with a total scale exceeding 15 billion yuan. When reporters analyzed Wind data, they found that as of July 30, the number of banks issuing technology innovation bonds had expanded to 33, with a total issuance scale of 235.8 billion yuan. Among them, small and medium-sized banks account for more than half, becoming a key force in the issuance of technology innovation bonds. Reporters noted that currently, the coupon rates of most small and medium-sized banks' technology innovation bonds are concentrated between 1.7% and 1.9%, which is higher than the issuance rates of policy banks and state-owned large banks, but still lower compared to traditional financing tools.