China sees record panda bond issuance in 2026 as foreign borrowers pile in
China's domestic bond market, known as the Panda bond market, experienced a record-breaking period in the first five months of 2026. This surge was driven by a combination of Beijing's relaxed monetary policies, increased openness of the bond market, and the growing international use of the yuan. Both foreign governments and multinational corporations are increasingly utilizing this market to raise capital, with notable issuances from Kazakhstan and Pakistan. AI
