The world bank started 500 million SDR denominated bonds in China with a three year interest rate

The world bank’s first 500 million SDR valuation bond in China has a three year interest rate of only 0.49%. In the first week of the RMB’s formal accession to the SDR (Special Drawing Rights), the SDR bond issued by the public for the first time in the world is successfully issued in china. In August 31st, the central bank announced on the official website, the day before, the World Bank (IBRD) the SDR (SDR) Chinese denominated bonds in the inter-bank bond market successfully issued, issue size of 500 million SDR (about 4 billion 660 million yuan), for a period of 3 years, the RMB as the settlement currency. The central bank said that the issue attracted the bank, securities, insurance and other domestic investors, as well as the monetary authorities, the international development agency and so on about 50 institutions active subscription, subscription multiples reached 2.47. As the lead Bookrunner of the bond and the joint lead underwriter, Tencent finance learned from the ICBC, the world bank bonds registered a total of 2 billion SDR, the first issue of the size of 500 million SDR, the coupon rate is 0.49%, which is the world’s first single since the 1981 issue of the SDR denominated bonds, and globally for the first time in the form of public issue SDR denominated bonds. The SDR is a reserve asset and an accounting unit created by the International Monetary Fund. Its value is determined by a basket of currencies, including the dollar, the euro, the yen and the pound. Compared with single currency denominated bonds, SDR denominated bonds have more stable returns, lower exchange rate volatility, can achieve certain hedging function, help to realize the diversification and internationalization of financial asset allocation, reduce risk exposure, and effectively hedge the exchange rate risk of a single currency. In December 1, 2015, the International Monetary Fund (IMF) announced that the RMB will join the SDR in October 1, 2016, which is an important milestone in the process of internationalization of the rmb. In order to expand the use of SDR, the people’s Bank of China has issued foreign exchange reserves, international balance of payments and international investment positions with SDR as the reporting currency. The issue of SDR valuation bonds will further expand the scope of the use of SDR. The central bank said that the next step, the central bank will continue to improve the SDR valuation bonds transactions, settlement arrangements, and constantly improve the liquidity of SDR valuation bonds, and further promote the opening and development of China’s bond market. More exciting content, welcome to pay attention to WeChat public number: Tencent Finance (financeapp).

世行在中国首发5亿SDR计价债券 三年期利率仅0.49%文 周纯在人民币即将正式加入SDR(特别提款权)之际,全球范围内首次以公募形式发行的SDR计价债券在中国成功发行。8月31日,央行官网发布公告称,日前,世界银行(国际复兴开发银行)首期特别提款权(SDR)计价债券在中国银行间债券市场成功发行,发行规模为5亿SDR(约合人民币46.6亿元),期限为3年,结算货币为人民币。央行介绍称,本次发行吸引了银行、证券、保险等境内投资者以及各货币当局、国际开发机构等约50家机构的积极认购,认购倍数达到2.47。作为此次债券的牵头簿记管理人和联席主承销商,腾讯财经从中国工商银行获悉,本期世界银行债券注册总额20亿SDR,首期发行规模5亿SDR,票面利率为0.49%,这是1981年以来全球发行的首单SDR计价债券,也是全球范围内首次以公募形式发行的SDR计价债券。SDR是国际货币基金组织创设的一种储备资产和记账单位,其价值由美元、欧元、日元及英镑在内的一篮子货币决定。与单一货币计价债券相比,SDR计价债券收益更稳定,汇率波动性更低,可实现一定的避险功能,有助于实现金融资产配置的多元化和国际化,降低风险敞口,有效对冲单一货币的汇率风险。2015年12月1日,国际货币基金组织(IMF))宣布人民币将于2016年10月1日加入SDR,这是人民币国际化的进程中的一个重要里程碑。为了扩大SDR的使用,人民银行已经发布了以SDR为报告货币的外汇储备、国际收支和国际投资头寸。本次发行SDR计价债券,将进一步扩大SDR的使用范围。央行称,下一步,央行将继续完善SDR计价债券的交易、结算等安排,不断提高SDR计价债券流动性,进一步推动中国债券市场的开放与发展。更多精彩内容欢迎搜索关注微信公众号:腾讯财经(financeapp)。相关的主题文章: