On November 9, the Ministry of Finance of the People's Republic of China, on behalf of the central government, successfully issued RMB 4 billion of green sovereign bonds in Canada: RMB 2 billion of 3-year bonds at a coupon of 1.4%, and RMB 2 billion of 5-year bonds at a coupon of 1.5%. The RMB green sovereign bonds were warmly received by the market, with strong demand from international investors. Total subscriptions reached RMB 54.04 billion, 13.5 times the issue size. This is the Ministry of Finance's first issuance of RMB green sovereign bonds in Canada and an important step in implementing the outcomes of the second China–Canada Economic and Financial Strategic Dialogue. It is of great significance for deepening China–Canada exchange and cooperation in green development, the economy and finance.
The issuance attracted a diverse, geographically broad investor base. Investors from the Asia-Pacific region accounted for 77%, and investors from outside the Asia-Pacific region for 23% (Americas 15%, Europe 8%). By investor type, sovereigns and supranationals, banks, funds, asset managers and insurers, and dealers accounted for 32%, 45%, 22% and 1% respectively. Green and sustainable investors accounted for 41%. The bonds will be listed on the Hong Kong Stock Exchange.
November 10, 2026 Source: Press Office, Ministry of Finance of the People's Republic of China https://www.mof.gov.cn/zhengwuxinxi/caizhengxinwen/202611/t20261110_4004375.htm https://www.mof.gov.cn/caizhengshipin/caizhengxinwen2/202611/t20261112_4004546.htm
