The first Western technology innovation financial bond landed in Chongqing with an issuance size of 3 billion yuan.

According to the Chongqing Branch of the People's Bank of China, Chongqing Bank seized the policy opportunity and successfully issued the first technology innovation financial bond in the western region recently. As a result, Chongqing Bank became the first city commercial bank in the country to issue a 5-year technology innovation financial bond. The issuance size of this technology innovation financial bond is 3 billion yuan, with a term of 5 years and an issuance interest rate of 1.85%, setting the lowest historical coupon rate for the issuer. It is reported that all funds raised will be used to provide technology innovation loans and invest in technology innovation bonds, providing long-term and stable financial support for technology innovation in Chongqing.