A bear market

Pandas set to make a comeback as foreigners tap renminbi bonds. They can be elusive… The world’s three biggest domestic bond markets all have special categories for foreign issuers: Yankees in the US, Samurais in Japan and Pandas in China. And in China’s case, they have proved to be as rare as the bear they are named after. Issuance has never really gotten off the groun … http://bit.ly/2EXO13Z

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