Poland issues Europe's first sovereign panda bond

Warsaw sells Rmb3 billion of panda bonds, a milestone for Beijing's efforts to boost the use of renminbi and opening its capital markets.
Chinese President Xi Jinping and Poland's President Andrzej Duda
Chinese President Xi Jinping and Poland's President Andrzej Duda
August 25, 2016

Poland became the first European country to issue renminbi-denominated debt in China on Thursday, raising Rmb3 billion ($451 million) through the sale of three-year notes.

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