On 7 November 2017, ABC Singapore Branch, acting as a joint bookrunner and lead manager, successfully assisted China Eastern Airlines in its maiden 3 year Singapore Dollar 500 million bond issuance. This is the first unrated public bond issuance by a Chinese Central SOE, after an unrated sovereign dollar bond offering in October by the Ministry of Finance.

With full support from the Head Office, Singapore Branch, Shanghai Branch and ABC International, leveraging each other’s strengths, collaborated seamlessly to ensure the success of the issue. This transaction not only further deepened the banking relationship with China Eastern Airlines, but also entrenched the repute and branding of the Agricultural Bank of China Ltd as a key player in the SGD bond market.