December 31, 2024 06:53 GMT
CHINA PRESS: Issuance Of Panda Bonds To Grow Further
CHINA PRESS
Volume of Panda Bond issuance is likely to rise further in 2025 as the relatively low financing costs in China remains attractive to foreign investors, China Securities Journal reported, citing analysts. As of Dec 30, a total of 109 panda bonds were issued this year, totaling CNY194.8 billion, a rise of 16% and 26% y/y. The yield of active panda bonds is as high as 10%, showing great investment value against the backdrop of structural asset shortage in the domestic bond market, the newspaper said citing Bai Xue, deputy research head from Golden Credit Rating.
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