China EximBank issues bonds to support foreign trade

BEIJING - The Export-Import Bank of China (China EximBank) announced on Monday that it has issued two themed financial bonds totaling 12 billion yuan ($1.66 billion) in the interbank bond market.

The bonds, issued last Thursday and Friday, aim to facilitate the quality and efficiency improvements of China's foreign trade and support connectivity in foreign trade-related infrastructure, according to the bank.

Issued in one-year and ten-year maturities, the bonds attracted broad participation from domestic and international institutional investors, said the bank, noting that funds raised will specifically target foreign trade credit loans.

To advance high-quality foreign trade growth, China EximBank has recently introduced special programs to expand financial support for small and micro-sized foreign trade enterprises, and strengthen support for private companies involved in international trade, overseas investments, the Belt and Road Initiative, and developing new quality productive forces.

China EximBank is a state-funded and state-owned policy bank supporting China's foreign trade, investment and international economic cooperation.