Debut NBC Panda takes Belt and Road route
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Debut NBC Panda takes Belt and Road route

panda toy belt 230px

National Bank of Canada became the first North American lender to sell a Panda bond on Wednesday, raising Rmb3.5bn ($517m) from a three year note. What stood out, however, was not the deal execution but how the lender managed to convince the regulators that the sale aligns with China’s Belt and Road initiative.

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