Recently, IB successfully underwrote the issuance of the 2023 ninth issue of ultra-short-term financing bonds by Xiamen Xiangyu Group Co., Ltd. This bond, the first Cross-Strait E-CNY bond in China with a 500 million yuan issue size, represents a significant innovation in fundraising methods. The funds raised are entirely allocated to the issuer’s E-CNY wallet, partially funding Xiangyu Group’s Taiwan-related business operations.
As the 10th designated operator of the E-CNY, IB actively integrates into the “Digital Fujian” and “Digital China” initiatives. The bank steadily advances pilot projects for E-CNY development and application, continuously expanding unique application scenarios and business models. “The innovative approach in this bond issuance further enriches the application scenarios of E-CNY and represents another creative step in promoting Cross-Strait integrated development,” stated a representative from IB.
On October 20th, IB successfully issued the first domestic financial bond in the interbank bond market, specifically supporting the integration of the Taiwan Strait. The bond, with a total issuance of 5 billion yuan, is designated for SME loans in Fujian Province, aiding the development of the Cross-Strait Integration Demonstration Zone.