LuxSE reported on Wednesday that it signed a memorandum of understanding with the Shanghai Clearing House
Photo: LaLa La Photo/archives
Luxembourg Stock Exchange (LuxSE) is to begin a long-term cooperation with Shanghai Clearing House (SHCH) to facilitate access to Chinese green bonds for the international investor community.
LuxSE reported on Wednesday that the two organisations had signed a memorandum of understanding with the goal of closing the information gap of green bonds traded on the largest green bond market in the world, the Chinese Interbank Market.
The agreement is in line with LuxSE strategy to connect issuers in the China interbank bond market with international investors, and help investors outside of China to acquire Chinese domestic green bonds.
Investors interested in these kinds of green bonds can benefit from the cooperation, and make the investment either through direct access or mutual bond market access between Mainland China and Hong Kong (known as “Bond Connect”).
On 9 March, the Agricultural Development Bank of China disclosed its green bond information on Luxembourg Green Exchange, an international exchange operated by LuxSE. It marks the first time a Chinese domestic green bond issued through Bond Connect, deposited in Shanghai Clearing House and traded in CIBM is displayed on an international exchange.