On October 30th, ICBC held a ‘ring the bell’ ceremony in Luxembourg Stock Exchange to celebrate the
official listing of its inaugural ‘Belt and Road’ climate bonds successfully issued earlier with a total
equivalent of USD 2.15 billion.
It was introduced that the bonds were issued in three tranches in USD and EUR with tenors of three
years and five years. The use of proceeds will be dedicated to financing and refinancing the four
eligible categories initiated by ICBC globally in renewable energy, low carbon and low emission
transportation, energy efficiency, and sustainable water and wastewater management.