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Panda bonds spring back to life in China's interbank market
Overseas banks, firms and agencies expected to move quickly after Beijing gives guidance for offshore issuers
Published Mon, Mar 21, 2016 · 09:50 PM
Beijing
PANDA bonds are springing back to life in China's interbank market after an almost two-month pause, with DBS meeting investors in Shanghai and Beijing ahead of a potential offering and overdue regulatory guidance said to be imminent.
Bankers are expecting detailed guidance for offshore issuers looking to tap the onshore yuan market to emerge soon, following the end of the national party congress earlier this month.
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