Sci-Tech Innovation Bond Issuance Tops 880 Billion Yuan in Three Months, as SMEs and Private Firms Step Up Participation
3 week ago / Read about 0 minute
Author:小编   

Three months into the implementation of the new policy on science and technology innovation bonds, the issuance volume has soared to 883.159 billion yuan, with financial institutions contributing nearly 36% of this amount. While central state-owned enterprises and large institutions continue to dominate as the primary issuers, there is a noticeable uptick in the involvement of small and medium-sized institutions (SMEs) and private enterprises. The average coupon rate for newly issued science and technology innovation bonds stands at 1.9282%, with the lowest rate recorded at an astonishing 0.01%. Market analysts predict that the supply of these bonds will further escalate in the second half of the year, and anticipate that some private enterprises may re-enter the market through the "technology board" channel.