On June 11th, 2020, Asian Infrastructure Investment Bank 2020 Renminbi Bond (Series 1) (Combating COVID-19 Bond) (Bond Connect) successfully completed on-site book-building procedures on CFAE. For the Bond, Bank of China Limited acts as the lead underwriter and bookrunner, and BNP Paribas (China) Limited, China Construction Bank Corporation, China International Capital Corporation Limited and HSBC Bank (China) Company Limited act as joint lead underwriters. With an issue amount of RMB 3 billion at a coupon rate of 2.40%, the bonds were subscribed enthusiastically by domestic and foreign investors.
As the technical support agency for the centralized book-building system of NAFMII Integrated Business and Information Service Platform, CFAE has actively implemented the overall work arrangements of PBC and NAFMII on promoting opening-up of the bond market, so as to help boost the construction of an internationalized inter-bank market. So far, it has enabled successful issuance of more than RMB 28 trillion worth of debt financing instruments. In terms of opening up, it has delivered support to the issuance of such Panda Bonds as debt financing instruments of foreign non-financial enterprises, RMB bonds of foreign sovereign institutions, RMB bonds of foreign local governments, and RMB bonds of international development organizations, helping promote RMB internationalization.