Bank of China, acting as joint lead underwriter and joint bookrunner, assisted the Islamic Development Bank (IsDB) in issuing its first Islamic bonds (Sukuk) of 2026 on May 7. Amounting to USD 1 billion, the five-year Sukuk carries a coupon rate of 4.227%.

Sukuk, a Shariah-compliant financing instrument, is widely used by multilateral development institutions for medium- to long-term low-cost funding. BOC helped the order book peak at over USD 2.8 billion through domestic and overseas synergy, attracting global attentions while demonstrating international investor recognition of BOC's bond underwriting capabilities.

With its global network and leading expertise in the cross-border bond market, BOC has long served the debt financing needs of multilateral development institutions, assisting many international development banks, including the Asian Infrastructure Investment Bank and the New Development Bank.

Additionally, relying on its extensive domestic and overseas bond underwriting and distribution network, BOC participates in multi-currency bond issuances by various types of issuers, continuously enhancing its brand presence in the debt capital market.

BOC will continue to leverage its global advantages and integrated financial strengths, deepen its engagement in cross-border debt capital markets, and support the high-quality development of the Belt and Road Initiative. It will further promote the two-way opening-up of financial markets and inject robust and sustained momentum into international financial cooperation and sustainable development.