PBOC launches green financial bonds on the interbank bond market–Announcement [2015] No. 39

China Current 2015

the announcement to launch green financial bonds on the interbank bond market. “Green financial bonds” are marketable securities issued by financial institution corporations according to law on the interbank bond market, for which funds raised are used for support green industry projects, and principal and interest are repaid as agreed. The Announcement sets out guidance and standards for green financial bonds in terms of the definition of green industry projects, fund investment direction, fund management within the bond duration period, information disclosure, assessment or accreditation by independent appraisers.

Scope

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Industry sectors covered by the instrument

Specific sector/s

Organizations covered by the instrument

All organizations - all financial institution juridical person

Issuer type

Financial Regulators

Type of instrument

Code of conduct or guideline

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

Project Partners