In April, securities firms issued intensive bonds to “replenish blood”. This year, the scale of domestic bond issuance increased by 12.4% year-on-year

On April 15th, there has been a small peak in the issuance of bonds by securities firms to “replenish blood” since April – seven securities firms have obtained wholesale corporate bonds and subordinated bonds, and multiple securities firms have released bond prospectuses or issuance result announcements. Since the beginning of this year, the issuance scale of short-term financing bonds by securities firms has increased significantly by 55% year-on-year, and the issuance of subordinated bonds by securities firms has also shown an upward trend. In terms of interest rates, the coupon rate of securities issued by securities firms during the year ranged from 1.6% to 2.2%, and the financing cost of issuing bonds was significantly reduced compared to previous years.

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