- The Republic of Poland has issued a Rmb3 billion three-year 3.4% bond on the Chinese domestic market.
- The issue is the first yuan renminbi denominated issue by a European sovereign on the Chinese market.
- Renminbi denominated bonds issued by a non-Chinese party are known as 'Panda bonds'.
- Bank of China and HSBC acted as underwriters.
Sam Duke - Editor
Read further analysis of this deal on IFLR.com