Foreign loan policy introduction

The effective use of two international and domestic markets, the two resources to promote economic and social development is a major strategic decision of our country, and actively carry out the loan project for foreign financial cooperation carrier and international financial organizations and foreign governments is to implement the important experience of the policy of reform and opening. Our economic growth and sustainable development face many challenges, the use of foreign loans, strengthen technical cooperation, knowledge management mechanism, system innovation, will continue to be an important measure, the city open to the outside world in addition, foreign loan period long, low interest rates, domestic loans incomparable advantages, the use of foreign loans to support public finance need most to support the project, also can alleviate the financial pressure of one-time expenditure.
Xuzhou City Bureau of Finance Finance (using the foreign loans Office) is mainly responsible for carrying out the state policies and regulations on the management of foreign debts, responsible for the work of utilizing foreign loan, the foreign loan consolidation published relevant policies.
A foreign government loan policy introduced
German promotion loan
Loans: infrastructure, environmental protection, energy, transportation, water supply, sewage treatment, medical treatment, safe production, promote the development of the project. Loan amount of a single item shall not be less than 15000000 euros.
Loan conditions: the interest rate for KfW financing cost is +0.45%, 15 years of the loan period, including 5 year grace period; the interest rate for the KfW financing cost +0.4%, the loan period of 12 years, including 4 year grace period.
Buy: international competitive bidding; procurement of equipment needed to account for more than 50% of the loan amount. No restrictions on lending country supply proportion.
 
Nordic Investment Bank Loan
Loan fields: agriculture, environmental protection and medical and health fields. Key support fields of environmental protection, such as renewable energy, sewage and garbage disposal, central heating. Medical project is limited to the Midwest, fire and occupation education projects mainly to midwest.
Loan: the loan period of 10 years (including 3 year grace period), the interest rate for the dollar
LIBOR +0.59% or euro EURIBOR +0.54%; loan period of 13 years (including 4 year grace period), interest rates are $LIBOR+0.66% or euro EURIBOR+0.61%; 15 years of the loan period (including 5 year grace period), the interest rate for the project amount of more than $10000000 dollars or euros LIBOR+0.71% EURIBOR+0.66%. loans, can choose to lock into a fixed floating interest rate interest rates.
    Purchase requirements: loan can be used for the procurement of equipment, technology and services, and can support the civil. The contract consists of Peitou members general contractor, Peitou members supply ratio of not less than 50%.
 
The French development agency loan
Loans: in addition to the original energy-saving emission reduction, climate change cooperation, increase water supply, sewage, water management, waste management, soil management and biodiversity etc.. A single project loan amount not less than 20000000 euros.
Loans: loans for a period of 1225 years, with grace, 3-7 years. The interest rate for the 6 month EURIBOR+0.65%, according to the international financial market situation is updated every 6 months.
Procurement: international competitive bidding, no restrictions on lending in delivery ratio.
 
The Israeli government loans
    Loans: medical and health, environmental protection, high-tech fields such as drip irrigation, sprinkler irrigation.
Loan conditions: the contract amount is lower than the $1000000 loan financing, long-term fixed rate 3.2% (or LIBOR+0.45%); the contract amount of more than $1000000 below the $5000000 loan financing, long-term fixed rate 2.5% (or LIBOR+0.5%); the amount of more than $5000000 of long-term loans, fixed rate 3.6% (or LIBOR+0.5%). Loan period from 7 years -15 years.
Purchase requirements: Israel delivery ratio of not less than 40% of the contract amount.
 
    The Export Import Bank of USA sovereign guarantee loans
    Loans: in line with national industrial policy and or the export support areas, concentrated in energy saving and emission reduction, social development, industrial upgrading and other fields.
    Loan: loan period of 6-12 years, 1-2 years (including a grace period of the loan period principle for 6-8 years, the field of environmental protection loan period may be extended to 12 years or more), the loan interest rate is 1-3.5%.
    Purchase requirements: the delivery ratio of minimum to achieve business contract 50%.
 
    Two introduction of the policy, loans from international financial organizations
    The world bank loan
    The size of the loan: the 2012-2014 fiscal year the loan from the world bank annual scale of about 10-15 billion, the total size of three years loans US $30-45.
    Loans: according to the strategic focus of China's economic and social development "1025" period, combined with the characteristics and policy of world bank loan requirements, "Twelfth Five Year Plan" period the bank loans to support agriculture and key ecological construction, transportation, energy, energy saving and emission reduction, urban construction and environmental protection, coordinated urban and rural education, occupation, social security and other fields. In the regional arrangements, especially to the central and western regions and Northeast China and other old industrial bases, due account of Eastern innovative project.
    Loan conditions: the maximum loan period of 30 years, a grace period of 5-17.5 years. Lending rates for 6 months LIBOR+ floating interest rate, currently floating spread of 0.28-0.48%. The world bank loan comes into effect, according to 0.25% of the total loan a one-time charge of front-end fee.
 
    The Asian Development Bank Loan
    The size of the loan: 2012-2014 year plan loans totaling $5880000000, to maintain an annual contract size at about $1500000000.
    Loans: according to the economic society of our country "1025" period of strategic focus and the advantages and the industrial policies of the state, characteristics and policy combined with the ADB lending requirements, "Twelfth Five Year Plan" period of ADB loan focus on supporting agriculture, transportation, energy, urban construction and environmental protection, ecological construction and occupation education in the field of project construction. In the regional arrangement, continue to tilt to the central and western regions and the northeast old industrial base.
    Loans: loans for a period of 25 years, a period of 5 years. Loan interest rates to 6 months of LIBOR+0.4%, the ADB dollar floating rate is 0.97%. For loans without extraction, according to an annual rate of 0.15% for the commitment fee.
 
 
The KFW--- KfW bank
The LIBOR--- dollar London Interbank Offered Rate
The EURIBOR--- Euro interbank offered rate
 
Xuzhou City financial information network