ADB makes triumphant return to Panda bonds
![Panda_flower_China_PA_575X375_12Jun20](https://assets.euromoneydigital.com/dims4/default/7ca762b/2147483647/strip/true/crop/575x375+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fe3%2F3d%2F1edaa4708b0cac6fc5b7b8ed9613%2Fpanda-flower-china-pa-575x375-12jun20.jpg)
The Asian Development Bank made a rare outing in China’s interbank market this week. The Rmb2bn ($307m) bond, priced significantly below the onshore benchmark, ended the multilateral development bank’s absence from the domestic Chinese market for over a decade.
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