Taipei Exchange touts bond issueBy Chen Cheng-hui / Staff reporterTaiwan Cooperative Bank (合作金庫銀行), the nation’s largest lender by number of branches, yesterday issued NT$1 billion (US$36.16 million) of sustainability bonds and listed the debt on the Taipei Exchange. The Taipei Exchange, which manages the listing and trading of the bonds, said they are a combination of green and social bonds, which are used to finance projects that bring environmental and socioeconomic benefits. A sign of Taipei Exchange is pictured in Taipei on June 19, 2017. Photo: Chen Rou-chen, Taipei TimesTaiwan Cooperative Bank’s sustainability bonds have a five-year maturity and a fixed coupon rate of 0.4 percent. Other entities that have issued sustainability bonds and listed on the exchange include CTBC Bank (中國信託銀行), Bank SinoPac (永豐銀行), Far Eastern New Century Corp (遠東新世紀), Taipei Fubon Bank (台北富邦銀行) and the Chilean government, it said.

Source: Taipei Times May 31, 2021 15:56 UTC