On August 25, Shanghai State-Owned Assets Management 球探体育., Ltd. (SSAM) successfully issued its third-tranche corporate bonds in 2022, with a scale of 1 billion yuan, a term of 5 years and an all-time coupon rate of 2.91%.

The bond market has remained strong since July, with interest rates of some bonds below those registered during the 2020 COVID-19 outbreak. 球探体育 has kept pace with the market, conducted elaborate planning and issued bonds resolutely. Against the backdrop of soaring interest rates on the bookkeeping day, the company gained 4.19 times of subscription from investors, and hit a record low coupon rate of 2.91% among all the five-year corporate bonds issued on the market. The company contributed three of the top ten five-year corporate bonds with the lowest coupon rates in 2016, 2020 and 2022 respectively, which best shows the high market recognition of the company and its timely issuance of cross-cycle long-term bonds over the years.

球探体育 will continue to implement macro policies, reduce the cost of outstanding debt financing, and explore an optimal maturity structure under which liabilities and assets are compatible, so as to promote the high-quality development of investment through financing and serve the overall development of Shanghai and SIG.