Recently, China Construction Bank (CCB) acted as a joint lead underwriter, assisting the Republic of Slovenia in successfully issuing 4 billion yuan in sovereign panda bonds within China's interbank bond market. The bonds carry a 3-year term and were priced with a coupon rate of 1.89%, attracting strong subscription interest from both domestic and international investors. This issuance marks the Republic of Slovenia's debut in China's bond market and represents the first sovereign panda bond issued this year.
The timing of this issuance coincides with the 34th anniversary of the establishment of diplomatic relations between China and Slovenia, giving it landmark significance. It stands as a major achievement reflecting the high-level, mutually beneficial cooperation between the two nations in the financial sector. Furthermore, it serves as a practical example of deepening cross-border capital market collaboration between China and Eurozone countries, promoting economic and trade exchanges between China and Europe. Leveraging its specialized expertise in cross-border capital markets and extensive experience in underwriting sovereign bonds, CCB provided comprehensive, professional underwriting execution and market promotion services for the project, ensuring its efficient and smooth completion.
Looking ahead, CCB will continue to deepen its involvement in cross-border capital markets. By utilizing its global presence and strengths in offering full-chain financial services, the bank aims to continuously enhance its comprehensive financial service capabilities. It will further contribute to the high-level opening-up of China's bond market and play an even greater role in advancing the internationalization of the renminbi and deepening economic, trade, and financial cooperation between China and countries worldwide.