Multiple banks support the first offshore bond issued by a non-financial enterprise in the entire market.

Recently, several banks, including Bank of China, China Construction Bank, Bank of Communications, and Minsheng Bank, assisted Shanghai Electric Global Capital Co., Ltd. in successfully issuing a 1.5 billion RMB green free trade offshore bond, with a term of three years and a coupon rate of 1.8%. It is reported that this bond is the first non-financial enterprise free trade offshore bond in the market, marking the first corporate free trade offshore bond. This further enriches the ecosystem of the Shanghai free trade offshore bond market and expands the application scenarios for cross-border RMB financing and investment, signifying that financial resources from the free trade offshore bond market have directly reached the real economy for the first time.