Panda bond issuance hits 1 trillion yuan

China

Panda bond issuance hits 1 trillion yuan

2025-07-22 16:36 Last Updated At：07-23 01:27

The accumulated issuance of panda bonds, or yuan-denominated bonds issued by foreign financial institutions in China, had exceeded one trillion yuan (about 139.35 billion U.S. dollars) as of Tuesday.

Since the start of this year, many internationally renowned issuers, including the AIIB, the New Development Bank, and the African Export-Import Bank, have successively issued panda bonds, demonstrating their strong confidence in China's long-term development prospects and their continued commitment to deepening their presence in the Chinese market.

The Asian Infrastructure Investment Bank (AIIB) recently completed an issuance of two-year term panda bonds worth two billion yuan in China's interbank bond market. So far, more than 90 institutions have issued panda bonds. yuan-denominated international financing, including panda bonds, now ranks as the second-largest bonds globally by volume.

Currently, panda bonds offer high-quality yuan-denominated assets for both domestic and foreign investors. Their stable returns and ability to meet diversified asset allocation needs have driven a continuous enrichment of the investor structure. The scale of holdings by foreign banks and overseas investors is now close to one-fourth of the total issuance.

Protest erupts in Mexico City over US military operation in Venezuela

Protesters filled Mexico City's Paseo de la Reforma on Saturday, rallying in solidarity with Venezuela and denouncing U.S. influence in Latin America.

The United States launched a large-scale military operation against Venezuela in the early hours of Jan 3, taking by force Venezuelan President Nicolas Maduro and his wife, Cilia Flores.

Holding numerous flags and banners while chanting slogans intermittently, a huge crowd of protesters criticized U.S. military actions against Venezuela and the unlawful control over President Maduro and his spouse, calling for respect for national sovereignty and regional peace.

"We oppose the U.S. intervention and hegemony towards the countries in Latin America. The United States has flagrantly trampled on international law, bombed Caracas and kidnapped the Maduro couple. The U.S. interventionism has become extremely blatant. We must firmly oppose and be highly vigilant, because this is not only related to a certain country, but also to all countries," said a protester.

"We demand that the United States stop interfering in Venezuela's internal affairs. The country must immediately cease its exploitation and plundering of the countries in Latin America," said another protester.