Luso Bank prints Macau’s inaugural Panda bond

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Luso Bank prints Macau’s inaugural Panda bond

renminbi_575px_adobe_24Jun21
Man holds yuan. Currency of the China - One red hundred renminbi or yuan notes | Николай Крапивин - stock.adobe.com

Luso International Banking became the first Macau-based issuer to sell renminbi-denominated bonds in China’s interbank market when it sold a Rmb1.5bn ($231.5m) transaction at the end of last week.

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