German auto manufacturers drive Panda issuance

Panda bond issuance has picked up. It is being driven by German car manufacturers BMW and Daimler but UOB has just printed Singapore's first issue and sovereign interest remains high.
There is a rush to issue Panda bonds
There is a rush to issue Panda bonds

Thanks to conducive market and regulatory conditions, two German auto-manufacturers, Daimler and BMW, as well as Singapore's United Overseas Bank (UOB), have joined a wave of companies, banks and nations to issue Panda bonds

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