On December 31st, it was reported that since the beginning of this year, the popularity of issuing “Panda bonds” has been continuously increasing, with record numbers and amounts of issuance. According to data, as of December 30th, based on the bond value date, 109 “Panda Bonds” have been issued this year, with a total issuance amount of 194.8 billion yuan. Compared with the whole year of last year, the number and amount of issuances have increased by 15.96% and 26.12% respectively. Experts say that factors such as lower financing costs and further improvement of relevant systems have enhanced the attractiveness of “Panda Bonds”. It is expected that domestic financing costs will remain relatively low. Under this advantage, “Panda Bonds” are expected to continue to expand. (China Securities Journal)
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