panda bond

noun

panda bond

noun

Etymology panda + bond. From being a bond, a debt instrument, denominated in renminbi (RMB, CNY, yuan, ¥, 元/圆), the Chinese currency of the People's Republic of China. From the giant panda being a symbol of China.

Business, Finance A bond issued in the People's Republic of China by a non-Chinese issuer denominated in the Chinese currency.

Coordinate terms: dim sum bond

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.