BC seals Panda return despite tougher market

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BC seals Panda return despite tougher market

Canada FA 230
Beautiful Canada flag is waving front of a historical building | COSPV - Fotolia

The Province of British Columbia (BC) completed its second Panda bond on Wednesday, raising Rmb1bn ($150.9m) from a three year deal. The issuer went ahead with the deal despite rising yields in China – pushing the coupon to the top half of the guidance range.

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