⛔⛔⛔The first order in the country, Zhanglong Group issued digital RMB "Belt and Road" corporate bonds on the Shanghai Stock Exchange! What is the significance of the release of the first digital RMB corporate bond to the currency circle?
Fujian Zhanglong Group Co., Ltd. successfully issued a new bond on the Shanghai Stock Exchange, called "24 Zhanglong 05", which is the first non-public "Belt and Road" corporate bond for professional institutional investors in 2024. This bond is not ordinary. It is the first "Belt and Road" corporate bond issued in digital RMB in the country, and it is also the first ten-year private placement bond in Fujian Province.
This bond issued 1 billion yuan, with a term of ten years and an AAA rating, which is quite powerful. BOC Securities is the exclusive lead underwriter, with a coupon rate of 2.62%, which is quite affordable. The money raised is mainly used to support trade business in countries and regions along the "Belt and Road".
Another highlight is that this bond is issued in digital RMB, and Bank of China and Industrial Bank are the operating institutions of digital RMB. This is also the first digital RMB corporate bond in Fujian Province, which is quite commemorative.