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Diverse issuers and innovative products lead to a significant increase in Panda bond issuance in the first quarter
People’s Finance News, April 2—In the first quarter, Panda bonds delivered an impressive performance. Driven by advantages in financing costs, RMB internationalization, and several other factors, the cumulative issuance scale of Panda bonds in the first quarter reached 88.235 billion yuan, setting a new historical high for a single quarter and doubling compared with the same period last year. Experts said that supported by multiple factors, Panda bonds will continue to improve in quality and expand in size, and their appeal is expected to further increase. Notably, in the first quarter, Panda bond issuance showed features such as diversified issuers and innovation in product types. (China Securities Journal)