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ChinaChina Bonds

AIIB scores ‘best Panda ever’ for Covid-19 efforts

Panda_flower_China_PA_575X375_12Jun20

Asian Infrastructure Investment Bank took home Rmb3bn ($424m) from its debut Panda bond on Thursday, at a price that was well below levels of its comparables. Senior officials at the Beijing-based supranational bank told GlobalCapital China that it wasn’t all smooth sailing, but the deal shows the potential of the renminbi debt market.

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