Recently, China Construction Bank (CCB) acted as a joint lead underwriter, assisting Barclays PLC in successfully issuing its first 2 billion yuan panda bond in China's interbank bond market. This bond marks the first issuance by a UK-based issuer and the first non-subordinated financial panda bond to include a redemption option. It received strong subscription from both domestic and international investors, attracting significant attention from global markets and generating a positive market response.

Barclays PLC is one of the world's systemically important banks, headquartered in London, with operations spanning Europe, Asia, the Americas, and other regions. The successful issuance of this panda bond not only represents an important step for Barclays in expanding its RMB financing channels and deepening its presence in the Chinese market but also serves as an innovative move in Sino-British financial cooperation.

Moving forward, CCB will seize key opportunities in RMB internationalization, cater to the diverse financing needs of domestic and international clients, further engage in cross-border capital markets, enhance its competitiveness in global markets, and support the high-level opening of financial markets.