Slovenia plans to attract Chinese investment with ‘panda bonds’ (www.ft.com)
from schizoidman@lemmy.zip to world@lemmy.world on 29 Oct 07:35
https://lemmy.zip/post/51969966

cross-posted from: lemmy.zip/post/51969965

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Slovenia plans to issue up to Rmb5bn ($700mn) of “panda bonds” next year

“We want to expand the investor base,” Slovenian finance minister Klemen Boštjančič told the Financial Times during a recent visit to Beijing where he laid out plans to issue renminbi-denominated sovereign debt sold in China.

Foreign companies have increasingly turned to panda bonds, attracted by lower interest rates and a desire to diversify their currency issuance and investor base. Some sovereign borrowers including Portugal, Hungary and Egypt have also issued panda bonds in recent years

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