1 of 1
Story summary
- Hong Kong will list a 1.5 billion-yuan Shanghai FTZ offshore bond August 20.
- Hong Kong Exchanges and Clearing (HKEX) announced Shanghai Electric Global Capital will issue the bond.
- The three-year note carries a 1.8 % coupon and is the first FTZ offshore bond.
- Bank of China served as coordinator and lead manager for its Hong Kong and Shanghai units.
- The issuance seeks to reinforce Hong Kong’s role as a yuan and green-finance gateway.
