Last week, several banks announced the issuance of green financial bonds. Data shows that since the beginning of this year, the scale of green financial bonds issued by financial institutions has exceeded 400 billion yuan. On the evening of September 25th, Ruifeng Bank disclosed that on September 23rd, it successfully booked and issued the "25 Ruifeng Rural Commercial Bank Green Bond 01" in the national interbank bond market. This is the first green finance bond in the Shaoxing area and an important milestone for the bank to implement its green finance strategy. It is reported that the issuance scale of this green finance bond is 1 billion yuan, with a term of 3 years and a coupon rate of 1.90%. It has received enthusiastic subscription from more than 40 investment institutions, with a subscription multiple of 4.37 times, demonstrating the high recognition of the market for Ruifeng Bank's stable operation and credit level. The funds raised from this bond issue will be specifically used for green industry projects as specified in the "Catalogue of Green Bond Support Projects (2021 Edition)", covering multiple categories such as pollution prevention and control, green buildings, and clean energy, which will accurately empower green and low-carbon transformation. In recent years, Ruifeng Bank has continued to cultivate green finance, by improving the organizational structure of green finance, optimizing the allocation of credit resources, innovating characteristic product services, and continuously increasing financial support for energy conservation and environmental protection, clean energy, ecological agriculture and other fields, injecting financial vitality into the green transformation of regional economy. On the evening of September 23, Ping An Bank announced that it had recently issued "the first green financial bond of Ping An Bank Co., Ltd. in 2025 (Bond Connect)" with the approval of relevant regulatory authorities. This bond was registered and filed on September 19, 2025, and was fully issued on September 23, 2025. The issuance scale of this bond is 30 billion yuan, which is a 3-year fixed rate bond with a coupon rate of 1.78%. The raised funds will be used for green industry projects as specified in the "Catalogue of Green Bond Support Projects (2021 Edition)" in accordance with applicable laws and regulatory approvals. Chengdu Rural Commercial Bank has also taken action. According to information released by China Money Network on September 22, Chengdu Rural Commercial Bank issued "25 Chengdu Rural Commercial Bank Green Bond 01" on September 19, with an issuance scale of 2 billion yuan, a term of 3 years, and a coupon rate of 1.90%. In addition, Xiaoshan Rural Commercial Bank announced the issuance of a 1 billion yuan, 3-year "25 Xiaoshan Rural Commercial Bank Green Bond 01". Issuing green financial bonds has become an important lever for financial institutions to empower economic and social green transformation and support green development. According to Wind data, as of the time of press release on September 26th, based on the starting date of issuance (the same below), the total scale of green financial bonds issued by financial institutions since 2025 has reached 417.1 billion yuan, far exceeding the 122.5 billion yuan issued in the same period last year. Leading banks represented by state-owned enterprises are still the main force in issuing green financial bonds, and they have various innovative highlights. The Agricultural Bank of China will issue green financial bonds worth 66 billion yuan within this year. On February 26th, Agricultural Bank of China successfully issued 60 billion yuan of green financial bonds in the interbank market. Among them, the 3-year issuance scale is 50 billion yuan, with an interest rate of 1.85%; The 5-year issuance scale is 10 billion yuan, with an interest rate of 1.88%. On August 15th, Agricultural Bank of China successfully issued floating rate green financial bonds in the interbank market, with a scale of 6 billion yuan, a term of 3 years, and an interest rate of 1.80%. It is worth noting that this bond is the first floating rate financial bond in the entire market to be linked to the People's Bank of China's open market operating interest rate. The bond linked benchmark interest rate is the average of the central bank's 7-day reverse repo operation interest rate over 60 trading days, and the benchmark interest rate is reset quarterly. The first "fixed interest+floating interest" green financial bond issued by China Construction Bank was officially listed on July 8th. The bond completed bookkeeping on July 3rd, with an issuance scale of 30 billion yuan, making it the first green financial bond in the market to be issued in the form of a "fixed interest+floating interest" twin. Among them, the issuance scale of fixed term varieties is 20 billion yuan, the coupon rate is 1.57%, and the total subscription is 1.81 times; The issuance scale of floating term varieties is 10 billion yuan, with a coupon rate of 1.63% and a benchmark interest rate of 60 day DR007 (7-day repo rate pledged by interest rate bonds in the interbank market). The total subscription is 1.62 times. Industrial Bank has issued 50 billion yuan of green financial bonds this year. On April 14th, the first round of green financial bonds issued by Industrial Bank in 2025 was successfully launched in the national interbank market, with an actual issuance scale of 30 billion yuan, a term of 3 years, and a coupon rate of 1.70%. Market investors actively participated and received 2.38 times oversubscription throughout the market. On June 17th, Industrial Bank of China successfully issued its second round of green financial bonds for 2025 in the national interbank market, with a scale of 20 billion yuan, a term of 3 years, and a coupon rate of 1.66%. It is understood that this bond issue is the first time that Industrial Bank has adopted the China Bond blockchain system for issuance, effectively improving the transparency and efficiency of issuance information. In addition, several banks such as Bank of Communications, Minsheng Bank, and Bank of Beijing issued green financial bonds worth over 10 billion yuan this year. (New Society)