Review on the developments of China’s green bond market in 2019

The year 2019 marks the fourth year of the development of China’s green bond market, which has maintained a strong growth momentum and continues to rank among the top of the global green bond markets.

The year 2019 marks the fourth year of the development of China’s green bond market, which has maintained a strong growth momentum and continues to rank among the top of the global green bond markets.

Preliminary statistics show that in 2019, a total of 339.062 billion yuan worth of green bonds were issued for 214 bonds, up 26% and 48% respectively over 2018, accounting for 21.3% of the global green bond issuance volume in the same period.

Statistics show that the scale of China’s bond market increased slightly in 2019, with a total of 45.13 trillion yuan worth of bonds issued in the whole year, a slight increase of nearly 3% year on year.

A total of 146 entities in China issued 197 labeled green bonds in 2019, totaling 282.293 billion yuan, up 26% year on year, according to preliminary statistics from the green bond database of Xinhua.

This includes 165 ordinary green bonds, worth 243.087 billion yuan, and 32 green asset-backed securities, worth 39.206 billion yuan. In addition, a total of 17 green bonds were issued by domestic entities abroad in 2019, amounting to 56.769 billion yuan, up 25 percent year on year.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/05/review-on-the-developments-of-china-s-green-bond-market-in-2019/.

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