ADB ready to launch Panda bond after decade-long absence

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ADB ready to launch Panda bond after decade-long absence

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The Asian Development Bank has received a Rmb10bn ($1.48bn) Panda bond quota from the Chinese interbank regulator. The multilateral development bank, which sold the world's second ever Panda about 15 years ago, is waiting for the right window to push out its offering, GlobalCapital China understands.

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