Panda bond is the ‘next logical step’ for British Columbia, says FinMin

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Panda bond is the ‘next logical step’ for British Columbia, says FinMin

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Giant panda bear falls asleep during the rain in a forest after eating bamboo | Sander Meertins Photography/Sander Meertins - Fotolia

Not content with being the first foreign government to issuing an offshore renminbi bond, the Province of British Columbia (BC) is now aiming to access the reopened onshore Panda bond market as the next step in reinforcing its commitment to China, says Michael de Jong, BC’s Minister of Finance, to GlobalRMB in a phone interview.

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