The country's first single private enterprise "frequently issued plan" debt financing instruments landed in Zhejiang

Recently, Red Lion Holding Group Co., Ltd. has successfully issued the national debt financing instrument in the country's first single private enterprise with the "frequent issuance plan" mechanism, with a issuance amount of 1 billion yuan.

The "Fip, Frequent Isuer Program) is a policy spirit of the Party Central Committee and the State Council on the deepening of the reform of the bond market in order to implement the Party Central Committee and the State Council. Mechanism arrangement. Under the "frequent distribution plan" mechanism, the issuer can significantly reduce repetitive disclosure, effectively reduce the cost of information disclosure, and improve the efficiency of registration and distribution.

In this issue, Red Lion Holding Group Co., Ltd. issued 1 billion yuan in debt financing instruments through the "Plan for Plan", which was jointly underwritten by Hangzhou and Agricultural Bank of China. The bond issuance interest rate is new low. The instructions of the debt financing instruments have been reduced to 5%of conventional issuance, which greatly reduces the workload, improves issuance efficiency, and reduces the cost of issuance.

In the next step, the Hangzhou Central Branch of the People's Bank of China will give full play to the role of the inter -bank bond market in accordance with the work requirements of the People's Bank of China and the provincial government's work, strengthen product and mechanism innovation, promote the issuance of debt financing instruments in Zhejiang private enterprises, improve direct financing to support the real economy Quality and efficiency help the high -quality development of our province.

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