Pursuant to the Detailed Rules for the Administration of Tiered Management of Debt Financing Instruments of Overseas Non-financial Enterprises, overseas seasoned enterprises may prepare one set of registration documents covering multiple types of debt financing instruments, including super short-term commercial paper (SCP), commercial paper (CP), medium-term notes (MTN), perpetual notes (PN), asset-backed notes (ABN) and green notes (GN), and apply for DFI Registration. To further facilitate the issuance of panda bonds by overseas unseasoned enterprises, the pilot program will allow overseas unseasoned enterprises to apply for DFI Registration and set a registration amount at the time of registration.

Municipality Finance issues a USD 1 billion benchmark under its MTN programme

Municipality Finance Plc issues a USD 1 billion benchmark on 24 August 2022. The maturity date of the notes is 24 August 2027. The notes bear interest at a fixed rate of 3.25% per annum.