NDB issues 5-year Panda bond worth 6 bln yuan

NAMPA / Xinhua

2025-01-15

SHANGHAI, Jan. 15 (Xinhua) -- The New Development Bank (NDB) has issued a five-year Panda bond worth 6 billion yuan (about 834.7 million U.S. dollars) in China's Interbank Bond Market, the bank announced on Wednesday. "We are pleased to see a strong demand from investors for the bond issuance," said Monale Ratsoma, vice president and chief financial officer of NDB. NDB works towards expanding its funding sources through local currency-denom......

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