Private real estate company Binjiang Group issued 600 million yuan of short-term financing bonds with an interest rate of 2.5%.

Reporters have learned that the private real estate company Binjiang Group successfully issued the second tranche of short-term financing bonds for the year 2025, with a size of 600 million yuan, an issuance rate of 2.5%, an oversubscription rate of 5.98 times, and a bid rate of 60% from non-bank institutions. This is the fourth successful issuance of short-term financing bonds and medium-term notes by Binjiang Group this year. In terms of issuance rate, the 2.5% coupon rate of Binjiang Group's short-term financing bonds is comparable to that of central state-owned enterprises. In addition, according to the data disclosed by Binjiang Group, the company's comprehensive financing costs have been continuously decreasing in recent years, with loan interest rates decreasing from 6% in 2017 to 3.4% in 2024. As of 2025, the company's financing rate has dropped to 3.1%.