AfDB postpones debut Panda bond to 2020
The African Development Bank has delayed the issuance of its inaugural Panda bond to 2020, after previously hoping to make its debut in China’s interbank bond market this year.
“At this stage, we are looking to bring our debut Panda next year,” said Hassatou Diop N’Sele, treasurer of the AfDB. “We are still working on the documentation and internal processes.”
AfDB’s debut Panda bond has been in the works for some time.GlobalCapitalrevealed the supranational’s ...