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On August 26, local time, the SGS bond of Bank of China Frankfurt Branch was listed on the Frankfurt Stock Exchange. SGS is the abbreviation for the collection of three types of loans: Sustainability-linked, Green and Social Loans. This bond is the world's first SGS bond with a scale of RMB 2.5 billion and a 2-year fixed interest rate. It was successfully issued on August 13.

The listing on the Frankfurt Stock Exchange further enriches the product trading channels and is a new step for Bank of China in promoting ESG innovation in the financial market and building the German RMB market. The listing of RMB SGS bonds not only provides European investors with diversified investment options, but also further enhances the influence of RMB in the international market.

As the first RMB clearing bank designated by the People's Bank of China in the Eurozone and the only RMB clearing bank in Germany, Bank of China has always been a pioneer and pathfinder of ESG finance. Since 2016, it has successively established a number of ESG financial product management frameworks, repeatedly set records for the global debut of ESG products in the capital market, and played an important role in steadily and prudently promoting the internationalization of the RMB and supporting the sustainable development of the global economy and society. (Chen Ximeng, Economic Daily reporter in Berlin)