Rising interest rates from major central banks in the world led to the first issue of green retail bonds (04252.HK) on the first day of trading “diving” at $99.7, $0.3 lower than the issue price of $100 and $30 per 100 book loss, which is the first time the government has issued retail bonds in 11 years.

Government spokesman said that it did not comment on the secondary trading of green retail bonds, saying that trading in the relevant markets mainly depends on the investment objectives and orientation of different investors. Different investors will decide whether to trade green retail bonds in the secondary market due to changes in the current market environment, including supply and demand, inflation and interest rates, as well as personal investment preferences.