Hainan Issues CNY 5 Billion Offshore RMB Bonds in Hong Kong Market
What happened
Hainan finalized the bookbuilding and pricing for its 2026 offshore RMB local government bonds in Hong Kong on September 16, 2026. The issuance totaled CNY 5 billion and was split across three tranches: a three-year sustainable development bond at 1.41% (CNY 2.5 billion), a five-year blue bond at 1.51% (CNY 1.5 billion), and a 10-year education-themed bond at 1.81% (CNY 1 billion). The offering was listed on HKEX and involved 59 institutional investors from eight countries and regions across Asia and Europe.
From hinews.cn
Why it matters
The issuance marks the first offshore RMB bond since the island-wide special customs operations began in the Hainan Free Trade Port. The funds raised are designated to support marine ecological conservation, healthcare infrastructure, and projects within the Lingshui Li'an International Education Innovation Pilot Zone.
From hinews.cn
Who's involved
- HainanIssued the bonds and is the beneficiary of the funding.