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| 1. |
Which country approved the issue 'Panda bond' in Chinese currency, recently? |
| Answer» Pakistan's cabinet has approved the issuance of first-ever renminbi-denominated 'Panda Bonds'. It will issue the bonds to raise loans from China's capital markets. It expects to raise $500 million to $1 billion in different tranches. The interest rate may be over 5.5% but the final price will be determined at the time of launching the bond. | |