Overview
The SME Collective Bond is issued by three or more small and medium sized enterprises (SMEs) in the inter-bank bond market with the mode of "one name, respective liability, one security and collective issuance".
Features
1. Three or more SMEs jointly issue the bond with one debt instrument name under the same security.
2.Credit enhancement by institutions and issued through collective debt instruments.
3. It overcomes shortcomings of the small size of SME financing and low liquidity of bonds. The credit enhancement through collective bond issuance improves the credit ratings of the SME bonds and enables the SMEs to finance through the bond market.
4. The SMEs can therefore have lower financing costs and better financial structures.
Services Available
1. Acting as the agent of customers, ABC provides a wide range of professional and value-added intellectual services, including organization, coordination and supervision, in each procedure of the collective debt instrument issuance under the service agreement. ABC services mainly cover: customer access, due diligence, issuance planning, credit management, registration and issuance, and follow-up management.
2. As the financial advisor of customers, ABC screens the candidates, proposes appropriate recommendations on financial affairs, internal controls and operation methods based on bonds issuance requirements to the selected candidates, and assists them in standardized management to facilitate the issuance of bonds and improves their operational management skills.
3. As the lead underwriter of customers' collective debt instruments, ABC provides quality, efficient services based on unique strengths and extensive experience in the bond market.
Strengths
Qualifications. ABC has maintained a leading position among its peers as a lead underwriter of bond issuance, and has a good reputation in the sector. In the recent marketing of the SME bonds, ABC becomes one of the lead underwriters for the first batch (six) of SME debt instruments as a pilot project of the National Association of Financial Market Institutional Investors (NAFMII) and one of the lead underwriters for the first batch of SME debt instruments.
Issuance Pricing. ABC bond trading business has ranked first in the inter-bank bond market for five consecutive years. Its excellent capability in bond pricing and market analysis helps customers cut costs as much as possible.
Issuance planning. ABC has a professional and competent financial consultant team that provides customers with scientific issuance planning. The large and high-quality customer base also provides ABC, as a large bank, with additional distribution strengths in an unfavorable issuance environment.
Customer Service Center : 95599
OutletContact Us| Statement Copyright©AGRICULTURAL BANK OF CHINA (ABC) All Rights Reserved
