boc hong kong (02388.HK) announced the successful issuance of panda bonds in the interbank bond market within china, with an issuance amount of 5 billion yuan, a bond term of 2 years, and a final coupon rate of 2%, setting a new low for both panda financial bonds and similar term panda bonds.

The funds raised from this bond issuance will be used for boc hong kong's daily operations in renminbi in Hong Kong and Southeast Asia, with the bank of china serving as the lead underwriter and bookrunner for this issuance.

This bond issuance received widespread attention from investors, attracting a total of over 30 domestic and foreign investors, with nearly 80% participating for the first time, and the oversubscription ratio exceeded two times.