Panda bonds in demand: NBC, China Merchants sign up

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Panda bonds in demand: NBC, China Merchants sign up

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Panda bear eating bamboo | leungchopan - Fotolia

China’s Panda bond market is gaining traction with the National Bank of Canada (NBC) establishing a Rmb5bn ($750m) programme, becoming only the second issuer from the country to seek onshore renminbi.

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