On January 8, Bank of China, acting as the lead underwriter, successfully assisted Barclays PLC in issuing 3.5 billion yuan in panda bonds within China's interbank bond market. This marks the second consecutive time Barclays has chosen the Chinese market for financing, underscoring the high level of recognition international financial institutions have for China's panda bond market.
As China's bond market continues to deepen its two-way opening, the types of issuers in the panda bond market are becoming increasingly diverse. International commercial banks, as a significant force among them, play a crucial role in promoting the normalization of financing for international issuers in the domestic market. Barclays' latest panda bond issuance highlights the growing international appeal of China's bond market.
In the process of advancing the development of the panda bond market, Bank of China has consistently been at the forefront of the industry.
The bank holds a leading market position. Since 2015, a total of 34 panda bonds have been issued by international commercial banks across the entire market, with Bank of China involved in 30 of them, demonstrating an absolute leading advantage.
Its professional coverage is extensive. The bank has successively assisted numerous benchmark institutions, including National Bank of Canada, United Overseas Bank, Crédit Agricole, Deutsche Bank, and CIMB, in deepening their presence in the Chinese market.
Bank of China will continue to leverage its global network and professional expertise in the bond market to provide international issuers with more efficient and convenient comprehensive financial services. It will actively promote the quality improvement and expansion of the panda bond market, helping to consolidate and enhance the international appeal and influence of China's bond market.
