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The first quarter saw a significant increase in the issuance scale of Panda bonds
In the first quarter, Panda bonds delivered impressive results. Influenced by factors such as financing cost advantages and the internationalization of the Renminbi, the total issuance of Panda bonds reached 88.24B yuan, setting a new quarterly record and doubling the amount from the same period last year. Experts stated that supported by multiple factors, Panda bonds will continue to improve in quality and expand in volume, with their attractiveness expected to further increase. (China Securities Journal)