China’s Ministry of Finance issued 4 billion yuan in green sovereign bonds in Toronto, Canada, on November 9 local time, on behalf of the central government.
A ceremony was held at the Toronto Stock Exchange on the morning of November 10. China’s Vice Minister of Finance Liao Min attended and delivered remarks.
Liao said the first issuance of yuan-denominated green sovereign bonds in Canada was an important step in implementing key understandings reached in January this year by Chinese President Xi Jinping and Canadian Prime Minister Mark Carney, as well as the outcomes of the second China-Canada Economic and Financial Strategic Dialogue.