Austria all set for debut Panda bond
Austria has the green light from Chinese regulators for its inaugural Panda bond issue as it looks to become the second eurozone sovereign to tap the market.
“We have recently received approval from the Chinese regulators and have now up to two years to issue a Panda bond,” Christian Schreckeis, head of capital markets and investor relations at the Austrian Treasury, told GlobalCapital. “The total size of the Austrian Panda bond programme is Rmb7bn ($996m)....
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