ÁKK mandates Bank of China, HSBC for China’s ‘panda’ bond
Hungaryʼs Government Debt Management Agency (ÁKK) has mandated Bank of China and HSBC to organize an issue of yuan-denominated "panda" bonds, ÁKK said on its website today.
The Panda bonds, which are distributed on the onshore Chinese market, are recommended mainly to Chinese institutional investors, the debt manager said.
The issue and pricing will depend on market circumstances, ÁKK added.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.