Research On XY Bank’s Green Bond Issuance Strategy

The coordinated development of economy and environment has been a hot topic in recent years.With the solid progress of the major strategic deployment of carbon peak and carbon neutral,as an important part of the green financial system,China’s green bond market has entered a period of vigorous development.The development of green bonds plays an important role in China’s economic transformation and environmental improvement.Under the "double carbon" goal,China’s various types of green bonds will still maintain a rapid development momentum.XY Bank is in the forefront of similar financial institutions in the field of green finance.As the first "Equator Bank" in China,XY Bank has accumulated rich experience in the issuance of green bonds.Therefore,this paper summarizes the successful experience of XY Bank’s green bond issuance strategy and operation management,improves the quality of green bond issuance,and provides typical experience and case reference for other financial institutions.This paper takes the theory of information asymmetry,pecking order financing and sustainable development as the theoretical basis of the case study,and takes the green bonds issued by XY Bank as the case study object.First,it introduces and summarizes the research background,significance and research results of domestic and foreign scholars on green bonds.Secondly,the connotation and definition of green bonds are clarified.Then,it introduces the basic situation of XY Bank,analyzes the operation and financial situation of XY Bank,analyzes the current issuance strategy of XY Bank’s green bonds from two aspects of issuance motivation,issuance system and process,and analyzes the operation of XY Bank’s green bonds in detail from three aspects of operation status analysis,risk control analysis,and use of raised funds.Finally,the principles and objectives of XY Bank’s green bond optimization plan are formulated,the hierarchical structure and specific content of XY Bank’s green bond issuance optimization plan are designed,and the guarantee measures in three aspects of system guarantee,service guarantee and market guarantee are proposed.I hope to improve the effect and efficiency of XY Bank’s green bond issuance and provide reference for other commercial banks in China.