AIIB scores ‘best Panda ever’ for Covid-19 efforts

Rebecca Feng

June 12, 2020 10:00 am

Panda_flower_China_PA_575X375_12Jun20 — Giant panda "Mengmeng" enjoys orchids on a sunny day at its encloure of Beijing Zoo, Beijing, China, April 15, 2020. (Photo by Chen Weisong/ChinaImages/Sipa USA) | ChinaImages/SIPA USA/PA Images

Asian Infrastructure Investment Bank took home Rmb3bn ($424m) from its debut Panda bond on Thursday, at a price that was well below levels of its comparables. Senior officials at the Beijing-based supranational bank told GlobalCapital China that it wasn’t all smooth sailing, but the deal shows the potential of the renminbi debt market.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

Health and Biotech China China International Capital Corp China Construction Bank Asia Coronavirus Greater China China Bonds Bank of China Northeast Asia BNP Paribas China Asia Pacific Emerging Markets HSBC SRI

RF

Rebecca Feng