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CN Panda Bond Issuance Vol. Tops RMB190B This Yr, Record High
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Against the backdrop of a "bull market" in the mainland China bond market this year, Panda Bonds, a type of RMB bond issued domestically by foreign investors, have been sought after by foreign issuers and investors.

The issuance quota for Panda Bonds has so far set a record high of over RMB190 billion, compared to RMB150 billion last year, according to a report by China Business Network. The average monthly trading volume also indicated that the liquidity of the secondary market has improved considerably.

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