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近日,中国光大银行成功在全国银行间市场发行3年期,共计280亿元的2017年度第一期金融债券(债券简称:17光大银行01),发行利率4%,全场认购倍数1.23倍。本期金融债券采用了“基础发行规模+超额增发”的创新发行机制,既优化了负债结构、降低了全行负债成本,又为银行间市场债券发行机制做出了有益的尝试。今年年初至今,市场利率上行明显,债券发行压力凸显,在此市场环境中,光大银行采取了“基础发行规模+超额增发”的创新发行机制,主要是根据市场需求情况,赋予发行人一定的选择权,既符合市场化改革方向,又能较好地适应当前较为波动
Recently, China Everbright Bank successfully issued a three-year, totaling RMB28 billion of the first tranche of 2017 financial bonds (Bonds: 17 Everbright Bank 01) in the national inter-bank market with a 4% interest rate and a 1.23x subscription ratio. The current financial bonds adopt an innovative issuance mechanism with “basic issuance scale + excess issuance”, which not only optimizes the debt structure, reduces the debt cost of the entire bank, and makes beneficial attempts for the bond issuance mechanism in the inter-bank market. Since the beginning of this year, the market interest rate has been on the rise with obvious pressure on bond issuance. In this market environment, China Everbright Bank has adopted an innovative issuance mechanism of “basic issuance scale + excess issuance”, which basically gives issuers certainty according to market demand The right to choose, not only in line with the direction of market-oriented reforms, but also better able to adapt to the current more volatile