The New Development Bank issued 8 billion yuan of Panda bonds on China's interbank bond market, with a maturity of 3 years and a coupon rate of 2.03%. This is the second Panda bond issued by the New Development Bank in 2024, following the largest 5-year Panda bond issued in January. The proceeds from this bond issuance will provide financing for infrastructure and sustainable development projects supported by the New Development Bank, promote the development of member countries and the achievement of sustainable development goals, as well as for general institutional purposes.
新开发银行发行80亿元人民币熊猫债
The New Development Bank issued 8 billion yuan of Panda bonds.
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