Luxembourg Stock Exchange partners with China’s Agricultural Development Bank (ADBC) to expand the green bond market

On January 23rd The Luxembourg Stock Exchange (LuxSE) signed a Memorandum of Understanding
(MoU) with the Agricultural Development Bank of China (ADBC), the second largest policy bank in
China.The purpose of the MoU is to set up an access scheme to display ADBC’s green, poverty
alleviation and sustainability bonds on the Luxembourg Green Exchange (LGX) platform. International
investors will gain access to detailed information in English about Chinese green bonds issued by ADBC,
traded on the Chinese Interbank Market (CIBM) and accessible through the Bond Connect scheme.
All eligible ADBC bonds will be displayed on the Luxembourg Green Exchange, the first and only
exchange-operated platform entirely dedicated to green, social and sustainable instruments. “The
future of finance needs to be green. We are promoting information connectivity between China and
Europe which perfectly inscribes into the objectives of the Belt and Road Initiative. Our agreement
with ADBC is fundamental for the creation of a global green bond market”, comments Robert Scharfe,
CEO of LuxSE.
The aim of the agreement between ADBC and LuxSE is to bridge the Chinese interbank market with
international investors and facilitate the acquisition of ADBC green bonds by investors located outside
China. This will be achieved through enhancing international visibility and transparency of ADBC’s
green, poverty alleviation and sustainability bonds as all information relating to the instruments, e.g.
the planned use of proceeds, external opinions, etc., will be published in English.