BEIJING, Aug. 6 (Xinhua) -- The scale of panda bonds, or yuan-denominated debts sold by foreign issuers in China, had reached 58.99 billion yuan by July 31, according to the data released by Golden Credit Rating International Co.
By July 31, 36 batches of panda bonds had been issued, surpassing 80 percent of the total issuance scale in 2017. In 2017, issuance of panda bonds stood at 71 billion yuan.
Insiders predicted that the possible policy may further boost the issuance scale of panda bonds. The total scale in 2018 is likely to exceed 100 billion yuan.
Pan Gongsheng, deputy head of the People’s Bank of China, noted on July 3 that policy to regulate overseas institutions’ behaviors to issue bonds in China would be released soon.(Edited by Zhang Yuan, zhangyuan11@xinhua.org)
A single purchase
