中国工商银行新加坡分行成功发行12.5亿元离岸人民币债券

创本年度单笔金额最大狮城债发行

新加坡－2018年10月23日－中国工商银行股份有限公司(下称“工商银行”)新加坡分行成功发行3年期离岸人民币债券(下称“本债券”)，该债券发行总额为12.5亿元人民币，已于2018年10月23日在新加坡交易所挂牌注册。工商银行、星展银行、玉山银行（香港）、汇丰银行、渣打银行及永丰金证券（亚洲）为本次发行的联席主承销商及联席簿记管理人。

本债券是本年度单笔发行金额最大的狮城债，其发行利率明显优于同期二级市场价格。该债券获得多个国家和地区的银行、基金、保险公司以及私人银行客户的超额认购，体现出国际市场对中国工商银行以及中国经济的信心与肯定。

工商银行新加坡分行副总经理周爱民先生表示: “工行新加坡分行是中国人民银行在大中华区以外授权设立的第一家人民币清算行，也是工行集团最大的离岸人民币清算行。此次12.5亿元离岸人民币债券的成功发行，体现了国际投资者对中国经济持续向好的信心和对人民币国际化稳健发展的认可。新加坡分行作为工商银行集团确定的境外筹资工具集中发行中心和离岸人民币交易中心之一，将一如既往地履行好自身职责，充分发挥国际化、综合化金融服务优势，为人民币国际化持续贡献力量，为“一带一路”建设和中新经贸合作提供全方位、一体化的金融服务。”

新交所执行副总裁、股票及固定收益主管周士达先生表示：“祝贺中国工商银行新加坡分行再次成功发行在新加坡交易所挂牌的离岸人民币债券。我们很荣幸能够在中国经济腾飞的过程中，能和中国工商银行新加坡分行债券资本市场团队合作，期待共同继续扮演两国金融和资讯桥梁的重要角色。”

ICBC Singapore Branch Issued 1.25 Billion RMB Worth of Offshore RMB Bonds on the Singapore Stock Exchange

– The largest single-tranche Lion City Bonds in Singapore this year

SINGAPORE, 23 October 2018 – The Industrial and Commercial Bank of China(“ICBC”), Singapore Branch  launched a 3-year 1.25 billion RMB bond (“the issue”)  on the 23 Oct 2018.   The issue will be listed on the Singapore Exchange (“SGX”). ICBC, Development Bank of Singapore, E.SUN Commercial Bank (Hong Kong), Hong Kong Shanghai Banking Corporation, Standard Chartered Bank and SinoPac Securities (Asia) are the joint underwriters and bookrunners for the issue.

The issue is the largest single tranche Lion City Bond in Singapore for 2018. The issue was priced inside the curve with other comparables in the secondary markets.  Upon the deal announcement, the order book was soon oversubscribed with interests from financial institutions, fund managers, insurance companies and private banks in the region; reflecting a strong market confidence towards China economy as well as ICBC.

“ICBC Singapore is the first RMB clearing bank outside Greater China authorized by the People’s Bank of China, and it is also ICBC’s offshore RMB clearing center with the highest RMB clearing volume. The issue demonstrated the continued confidence of international investors in the China’s economic outlook,” said Mr. Zhou Aimin, Deputy General Manager of ICBC Singapore. “It also shows the internationalization of the RMB is on a steady trajectory. Being one of the key overseas funding centers and offshore RMB trading hubs of the ICBC group, ICBC Singapore will continue its efforts to promote RMB internationalization, leveraging ICBC’ strength in offering international and integrated financial services. We strive to provide comprehensive and integrated financial services to support the Belt and Road Initiative and Sino-Singapore economic and trade cooperation.”

“Congratulations to the Industrial and Commercial Bank of China Singapore Branch for another successful listing of an offshore RMB bond issuance on SGX this year. As China’s economy continues to grow rapidly, we are honoured to partner and collaborate with ICBC’s Debt Capital Markets team to jointly play a key role in the financial collaboration and information exchange between the two countries,’’ said Mr. Chew Sutat, Executive Vice President of Singapore Exchange Limited.