RMB repatriation no hurdle to Hungary’s Panda ambitions

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RMB repatriation no hurdle to Hungary’s Panda ambitions

Budapest px230 for gc

China’s curb on capital outflows means the Panda bond market is yet to live up to the excitement generated by a series of high profile transactions last year. But György Barcza, CEO of the Hungary Government Debt Management Agency, is committed to pushing out a transaction even if the ability to repatriate proceeds offshore remains uncertain. Rev Hui reports.

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