In order to promote the high-level opening up of China’s bond market and promote the internationalization of the RMB, the National Association of Financial Market Institutional Investors (NAFMII), under the guidance of the People’s Bank of China, actively promotes the issuance of bonds by overseas institutions in China’s interbank bond market(referred to as "Panda Bonds"). In order to furthe...
In order to promote the high-level opening-up of China bond market and facilitate the understanding and participation of overseas institutions, NAFMII and ICMA jointly released “Panda Bonds: Raising Finance in China’s Bond Market (Case Studies)” (Chinese and English version) and “Investing in China’s Interbank Bond Market: A Handbook” (English version), providing guidance for oversea...
Under the guidance of PBC, NAFMII actively promotes the development of panda bond market and prudently expand the market together with its members, by conducting intensive research on cross-border regulation practices in overseas bond market, facilitating registration of pilot cases and enhancing institution building.
By the end of March 2020, 65 overseas issuers have entered China int...