Mizuho, MUFG open Panda market for Japan’s issuers

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By Addison Gong
18 Jan 2018

Mitsubishi UFJ Financial Group (MUFG) and Mizuho Bank opened the Panda bond market for Japanese issuers on January 12, with both crossing the finish line on the same day.

Chinese and Japanese officials kicked off the race for the first Japanese Panda bond deal in December, after they agreed to exchange auditing information of issuers from each other’s country. After that, debt sellers from Japan wasted no time in hitting the market.

Mizuho received approval from the People’s Bank ...

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