Investor Presentaiton
Achievement of low-cost bond financing and continuous
improvement of debt paying ability
Comprehensive Financing Cost of New Bonds
5.00%
4.48%
AAA
RMB 25 billion
4.00%
3.00%
2.00%
Corporate credit rating
Total funds raised
by issuing bonds
1.00%
0.00%
2017
3.97%
3.39%
2.70%
2018
2019
The Company seized the bond issuance window period, and the comprehensive cost of new bonds continued to decline, hitting a new low.
(%)
5.00
4.00
3.00
×
2.00
1.00
0.00
Jan.
Х
2020
Feb.
YTM (AAA): 1 year
× Issuance time of the Company (≤ 1 year)
Mar.
April
May
Jun.
Jul.
YTM (AAA): 3 years
Aug.
Sep.
Oct.
Nov.
Dec.
YTM (AAA): 5 years
Issuance time of the Company (3 years)
Issuance time of the Company (5 years)
20
长江电力
Source: Wind
China Yangtze Power Co., Ltd.View entire presentation