On January 11, JIC Leasing issued its first ultra-short-term bond of 2016. This was an unprecedented issuance among the leasing companies governed under the Ministry of Commerce. JIC Leasing plans to raise RMB 400 million from this bond issue which stands at 117 basis points below the benchmark lending rate. The ultra-short-term bond is yet another innovative product offered by JIC Leasing. It comes after the short-term bonds and medium-term notes that were issued previously. The successful launch of the ultra-short-term bond has been given a thumbs-up from the bond market.

Since its very beginnings, JIC Leasing has been committed to creating a pluralistic financing system. The company closely monitors any policy shifts that take place. It is always ready as new opportunities emerge and adopts a market-driven approach for optimizing the allocation of resources. The company continues to expand access to capital and reduce financing costs in a bid to provide a solid financial foundation for business growth. Looking ahead, JIC Leasing will start to introduce more innovative financing options and leverage available policy incentives to meet funding needs at lower costs and help to bolster the leasing business.