Panda bonds Current Affairs, GK & News
Pakistan approves issuance of ‘Panda bond’
The Pakistan Cabinet has recently approved the issuance of first-ever Chinese renminbi-denominated bonds to raise loans from China’s capital markets. The Panda bonds will be denominated in Chinese yuan. It is expected that the possible transaction size of bonds will be equivalent to $500 million in two different tranches. They will help the government diversify ..
Topics: Bond • Economy • Finance • Finance in China • Financial market • Money • One Belt, One Road • Panda bonds • Renminbi • Structured finance • Tranche • Yuan