To further promote the opening of China’s green bond market, and enhance the role of the Common Ground Taxonomy (CGT) in facilitating cross-border flows of green capital, the expert group convened by the Green Finance Committee (GFC) of China Society for Finance and Banking has undertaken the relabelling work for green bonds newly issued in China’s interbank market in August 2026 against the CGT (2024).
13 green bonds have been newly identified as CGT-aligned, with a total scale of RMB 13.2 billion. Among these, 3 green bonds have already been aligned with the CGT during issuance. Each bond meets the specified technical requirements outlined in the Substantial Contribution Criteria of the CGT. The specific details are as follows:
Table 1: New Relabelled Green Bonds
|
Number
|
ISIN
|
Bond
|
Issuing Amount (RMB/100 Million)
|
|
1
|
CND1000BGP02
|
YUEXIU LEASING MTN 26(001)(GREEN) B
|
3
|
|
2
|
CND1000BGNZ0
|
YUEXIU LEASING MTN 26(001)(GREEN) A
|
3
|
|
3
|
CND1000BGXV8
|
YALONG RIVER GN 26(001)(CARBON NEUTRAL BOND) B
|
5
|
|
4
|
CND1000BJ4Z6
|
YALONG RIVER GN 26(001)(CARBON NEUTRAL BOND) A
|
10
|
|
5
|
CND1000BH6S8
|
STATE RAILWAY LEASING MTN 26(002)(GREEN)
|
5
|
|
6
|
CND1000BHQF3
|
HUANENG HYDROPOWER GN 26(012)
|
10
|
|
7
|
CND1000BHQG1
|
MINGYANG SMART GN 26(003)(TECH INNOVATION BOND)
|
5
|
|
8
|
CND1000BHS57
|
CATL MTN 26(006)(TECH INNOVATION BOND) A
|
58
|
|
9
|
CND1000BHRK1
|
CATL MTN 26(006)(TECH INNOVATION BOND) B
|
12
|
|
10
|
CND1000BHS73
|
CALB MTN 26(003)(TECH INNO BOND)
|
6.5
|
|
11
|
CND1000BHZ17
|
FUZHOU METRO GN 26(002)
|
7
|
|
12
|
CND1000BJ2Q9
|
JINNENG POWER GN 26(005)(CARBON NEUTRAL BOND)
|
5
|
|
13
|
CND1000BHZT5
|
GUANGZHOU SEWAGE PURIFICATION GN 26(002)
|
2.5
|
In August 2026, 9 CGT-aligned Chinese outstanding green bonds were due. The specific details are as follows:
Table 2: Matured Relabelled Green Bonds
|
Number
|
ISIN
|
Bond
|
Issuing Amount (RMB/100 Million)
|
|
1
|
CND100057F07
|
SHENZHEN METRO MTN 21(004)(CARBON NEUTRAL BOND)
|
15.00
|
|
2
|
CND10006WSN5
|
CGN LEASING MTN 23(003)(GREEN)
|
5.20
|
|
3
|
CND10006XGT5
|
YALONG RIVER GN 23(001)(CARBON NEUTRAL BOND)
|
10.00
|
|
4
|
CND10006XDQ8
|
THREE GORGES GN 23(001)
|
20.00
|
|
5
|
CND10006YM56
|
THREE GORGES GN 23(002)
|
20.00
|
|
6
|
CND10006YV48
|
RONGHE FINANCING GN 23(005)(RURAL REVITALIZATION)
|
10.00
|
|
7
|
CND10008CKC3
|
EXPORT-IMPORT GREEN BOND QINGFA 24(03)
|
10.00
|
|
8
|
CND1000B5PJ5
|
HN HYDROPOWER GN 26(002)(TECH INNO BOND)
|
10.00
|
|
9
|
CND1000BBGH3
|
HN HYDROPOWER GN 26(005)(RURAL REVI)
|
10.00
|
As of August 31, 2026, expert group has evaluated a total of 615 CGT-aligned Chinese green bonds traded in the interbank market, 348 of which remain in duration.
The 348 outstanding bonds account for 26.9% of the total number of outstanding green bonds in the interbank market, with an issuance scale of RMB 389.453 billion, accounting for 18.3% of the total scale of outstanding green bonds in the interbank market. Among them, the proportion of issuance scale with issuer rating of AAA, AA+, AA, and unrated is 92.8%, 5.0%, 0.1% and 2.1% respectively. The top three allocations of use of proceeds are D1.3 Electricity generation from wind power (22.2%), H1.1 Construction and operation of public transportation system in urban and rural areas (19.5%)，and D1.5 Electricity generation from hydropower (19.3%).
The Common Ground Taxonomy (CGT) aligned bond data published on this and other websites as part of China’s bond labeling work by the Expert Group convened by the Green Finance Committee of China Society for Finance and Banking is public information. The Expert Group welcomes all individuals and institutions to disseminate and use these data, and to develop indices, products and related services on the basis of these data.
Click here for the list of CGT aligned Chinese green bonds (September 2026 version)
