panda bond
Meanings
noun
- A bond issued in the People's Republic of China by a non-Chinese issuer denominated in the Chinese currency.
Word forms
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.
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