Panda Bond Issuance Exceeds 190 Billion Yuan as Offshore RMB Demand Surges
Panda bond issuance in China surpassed 190 billion yuan in 2026 as of July 30, according to data compiled by Enterprise Early Warning, underscoring surging demand from overseas entities for RMB-denominated financing. Rapid Market Expansion Panda bonds, which are yuan-denominated