On January 7, acting as the sole Chinese lead underwriter, Bank of China successfully assisted German industrial giant Henkel Group in issuing 1.5 billion yuan in Panda bonds within China's interbank bond market.
This issuance marks Henkel Group's debut in the renminbi bond market and constitutes the first foreign Panda bond transaction of 2026 for the entire market, holding positive significance for further enhancing the international influence of the Panda bond market.
As a seasoned participant and leader in the Panda bond market, Bank of China has consistently been dedicated to building bridges for the two-way opening of China's domestic capital market. Since Mercedes-Benz Group pioneered Panda bond issuance for multinational corporations in 2014, over twenty international giants, including Veolia, BMW, Volkswagen, BASF, and Henkel, have successively entered the market.
As a lead underwriter, Bank of China has participated in more than 80% of multinational corporations' Panda bond issuances, supporting numerous foreign enterprises in their evolution from being "new partners" in the market to becoming "old friends" deeply engaged with China, leveraging its exceptional professional capabilities.
Bank of China will continue to leverage its role as a primary channel for cross-border financial services and its professional expertise in foreign exchange and international trade. Supported by its institutional network covering 64 countries and regions overseas, it will assist global enterprises in sharing the opportunities presented by China's development, serving as a vital financial link connecting China with global markets.
