First green municipal bond issued in Jiangxi

China’s first green municipal bond called 2019 Ganjiang New District Green Municipal Special Bond” (19 Jiangxi 14) was officially issued recently.

China’s first green municipal bond called 2019 Ganjiang New District Green Municipal Special Bond” (19 Jiangxi 14) was officially issued recently.

The bond takes the construction project of Rule Lake New Town Comprehensive Management Corridor in Ganjiang New Area as the subject matter, with a total issuance size of 1.25 billion yuan, of which 300 million yuan is in the current tranche.

Green municipal special bond is a major innovation in the process of green financial development. As one of the green financial reform and innovation demonstration areas, Ganjiang New District’s relevant departments have made a lot of efforts to promote the launch of the first green municipal special bond.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/07/first-green-municipal-bond-issued-in-jiangxi/.

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