The accumulated issuance of panda bonds hit 213.98 billion yuan (about 31.94 billion U.S. dollars) in the first eight months of 2026, the latest official data from the People's Bank of China showed.
Panda bonds are yuan-denominated debt instruments issued in China's domestic bond market by overseas entities, including foreign governments, international development institutions and multinational companies.
A total of 29 new overseas institutions entered the interbank bond market from January to August, the central bank noted.
Panda bond issuance surge signals the appeal of China's onshore market to global issuers.
China's panda bond issuance hits over 200 billion yuan in Jan-Aug
