Energy China successfully issued the first carbon-neutral bond for a construction-related state-owned enterprise

On November 18, Energy China successfully issued the first carbon-neutral and perpetual medium-term notes for a construction central enterprise in the inter-bank market, setting the lowest interest rate on carbon-neutral and perpetual medium-term notes with the same maturity and the same rating. The bond issuance scale is 1.5 billion yuan, the issuance period is 3+N, and the issuance interest rate is 3.33%. The issuance rate is the lowest level of perpetual bonds of construction central enterprises since September, and the second lowest level of perpetual bonds of construction central enterprises since 2021.

The reporter was informed that on November 18, Energy China successfully issued the first carbon-neutral and perpetual medium-term notes of a construction-related central enterprise in the inter-bank market, setting the lowest interest rate on carbon-neutral and perpetual medium-term notes of the same maturity and rating. The bond issuance scale is 1.5 billion yuan, the issuance period is 3+N, and the issuance interest rate is 3.33%. The issuance rate is the lowest level of perpetual bonds of construction central enterprises since September, and the second lowest level of perpetual bonds of construction central enterprises since 2021. Carbon neutral bonds are a sub-species of green bonds, and all the proceeds raised this time will be used to support the investment, construction and development of the carbon neutral projects of companies affiliated to China Energy Construction.