China Eximbank issued a 1-year RMB4 billion bond for supporting enterprises in COVID-19 control and resumption of work and production in the inter-bank bond market on February 28. All the funds raised will be used to support epidemic containment and resumption of work and production of enterprises affected by COVID-19. This issuance was warmly recognized and actively supported by the market.
The issuance of this bond is an important measure taken by the Bank to implement the overall plan made by the CPC Central Committee and the State Council to advance epidemic control and promote economic and social development. It is also an active response to the requirement of the People’s Bank of China and the China Banking and Insurance Regulatory Commission on providing financial services to get enterprises back to work. While working relentlessly on COVID-19 prevention and control, the Bank increased financial support for both key areas and weak links affected by the epidemic. Multiple and targeted measures have been taken to promote work resumption of enterprises and to minimize the impact of the epidemic. In so doing, China Eximbank has provided strong financial support for winning the battle against the epidemic and accomplishing the tasks and goals for economic and social development set for this year.
In the next stage, China Eximbank will further step up efforts to provide high-quality, efficient, well-considered and targeted financial services to key areas. While remaining committed to ensuring stability in employment, financial operations, foreign trade, foreign investment, domestic investment and expectations, China Eximbank will make further contribution to the stable development of the economy and society, the building of a moderately prosperous society in all respects, and the victory in the decisive battle against poverty.