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In the presence of Luxembourg Minister of Finance Pierre Gramegna and China’s ambassador to Luxembourg Xiaorong Yang, the Luxembourg Stock Exchange (LuxSE) and China Merchants Bank (CMB) today celebrated the listing of the bank’s landmark dual-tranche bond issuance comprised of a sustainability bond and a carbon neutrality-themed green bond on the exchange. The pioneering bonds are displayed on the Luxembourg Green Exchange (LGX).
“Today’s listing on LGX of the first carbon neutral bond by a Chinese bank in Europe once again underlines Luxembourg’s position as a leading international hub for sustainable finance. It also highlights the crucial role that international capital markets play in financing the transition towards a greener, more sustainable global economy,”...
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