London Stock Exchange celebrates Bank of China GBP & CNH dual currency bond issuance
The London Stock Exchange today welcomes Bank of China Limited, London Branch to celebrate the listing of its three-year fixed-rate dual-currency (GBP-CNH) sustainability bond on the LSE’s International Securities Market.
The bond, issued under Bank of China’s US$40 billion Medium Term Note (MTN) Programme, is the world’s first sterling-denominated sustainability bond issued by a Chinese financial institution. This marks an important milestone for the Branch and reinforces its ongoing commitment to deepening financial co-operation between China and the United Kingdom. The issuance also fulfils a key deliverable under the 11th UK -China Economic Financial Dialogue (EFD), a major achievement for the London Branch.
“This issuance not only broadens our diversified sources of green funding—supporting high-quality green projects such as clean energy and energy-efficiency improvements in the UK and globally—but more importantly, it demonstrates international investors’ strong confidence in Bank of China’s sustainable-development strategy. It also reaffirms London’s exceptional vitality and global appeal as a leading centre for green finance.”
Jian Wu
Bank of China Limited Executive Vice President
The bond raised a total of GBP250 million and CNH1.5 billion in sustainable finance, which will fund a mix of green and social projects over the next three years. The use of proceeds, project selection, management of proceeds and reporting approach will align with the latest industry guidance - ICMA’s Green Bond Principles 2025, Social Bond Principles 2025 and Sustainability Bond Guidelines 2021 – underscoring the London Branch’s commitment to the highest standards of sustainability bond issuance.
The issuance attracted strong interest from a diversified high-quality investor base, with broad participation from international institutions and partners across multiple regions.
To commemorate this important occasion, representatives from the Chinese Embassy in the UK, HM Treasury, the City of London, the London Stock Exchange, Bank of China, as well as other distinguished guests from the financial community, attended the official Market Open Ceremony at the London Stock Exchange on 4 December 2025.
