Issuance of panda bonds in China hitting 66 billion yuan so far this year, up 128%
2024-05-04 23:50:45
The issuance of panda bonds, or yuan-denominated bond issued by foreign financial institutions in China, has reached 66 billion yuan ($9.12 billion) as of April 14 this year, up 128.36 percent year-on-year, data from financial information service Wind showed, underscoring the allure of China's low-cost borrowing market for offshore issuers.