Bank of China has successfully acted as a global coordinator to assist the New Development Bank in pricing and issuing a $2 billion bond. This issuance marks the New Development Bank's first offshore bond for 2026, with peak order volume exceeding $6.6 billion, reflecting strong market reception.

Since 2020, Bank of China has repeatedly participated in the New Development Bank's offshore bond issuances. Leveraging its global network, the bank effectively reached diverse investors across Asia, including central banks, sovereign wealth funds, commercial banks, and insurance asset managers. This has not only helped the New Development Bank optimize its investor base but also demonstrated Bank of China's underwriting and distribution strengths in the debt capital markets.

While supporting the New Development Bank in expanding its global financing channels, Bank of China has utilized its cross-border coordination capabilities to consistently accompany and foster the bank's growth and deepening presence in the renminbi debt market.

From supporting its market debut to becoming the largest international development institution in terms of panda bond issuance volume, Bank of China has jointly witnessed and advanced the opening-up of China’s debt market with the New Development Bank:

- Innovation Leadership: In 2016, Bank of China assisted in issuing the market’s first renminbi-denominated green financial bond, initiating a new chapter for multilateral institutions’ onshore financing. - ESG Implementation: In 2021, it led the issuance of a RMB 5 billion sustainability panda bond, providing financing support for the sustainable development goals of the New Development Bank’s member countries. - Scale Breakthroughs: Between 2024 and 2025, the bank helped achieve new milestones in panda bond issuance volume and record-low financing costs for the New Development Bank, continuously improving the efficiency of regular issuances by multilateral development institutions in the domestic market.

As one of the most globalized and diversified Chinese banks, Bank of China will continue to leverage its expertise in debt capital markets and its role as a primary channel for cross-border financial services. It will actively align with the development needs of multilateral financial institutions, build bridges between Chinese and international capital markets, and contribute further to promoting high-level financial opening-up.