B · Normal
[The cumulative issuance of Panda bonds in the first eight months has exceeded 200 billion yuan] On September 22, the latest data released by the People's Bank of China showed that China's financial market has been operating smoothly since the beginning of this year. In the first eight months, the cumulative issuance of Panda bonds exceeded 213.98 billion yuan, and 29 new overseas institutions entered the inter-bank bond market. Panda bonds are RMB-denominated principal and interest bonds issued by foreign institutions in China. They are not only an important measure to promote the opening of China's bond market, but also an important tool to expand RMB cross-border financing channels and assist the process of RMB internationalization.
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