UBS announced that it has successfully issued its first panda bond in the Chinese interbank bond market. The bond issuance scale is 2 billion yuan, with a term of 5 years, and a coupon interest rate of 1.78%, creating the lowest coupon interest rate for a five-year panda bond from a foreign financial institution so far and the narrowest interest spread compared to the China Development Bank's benchmark. The subscription ratio is more than 3 times. At the same time, it marks the first time that a Swiss financial institution has issued panda bonds in China.

UBS announced that it has successfully issued its first panda bond in the Chinese interbank bond market. The bond issuance scale is 2 billion yuan, with a term of 5 years, and a coupon interest rate of 1.78%, creating the lowest coupon interest rate for a five-year panda bond from a foreign financial institution so far and the narrowest interest spread compared to the China Development Bank's benchmark. The subscription ratio is more than 3 times. At the same time, it marks the first time that a Swiss financial institution has issued panda bonds in China.