Panda bonds are unlikely to form a significant portion of the fundraising channels chosen by major oil companies, according to David Yim of Standard Chartered. Photo: AP
Aramco’s panda bond may be hindered by size of yuan debt market
  • While Saudi Aramco has listed the yuan as a potential fund-raising currency for a debt issuance, bankers say the market size could hinder the deal
  • Year-to-date issuance of panda bonds is down 50 per cent compared to 2018, though some analysts see it picking up in 2021
14 Dec 2020 - 10:19AM