panda bond
English
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.
Alternative forms
- Panda bond
Noun
panda bond (plural panda bonds)
- (finance) A bond issued in the People's Republic of China by a non-Chinese issuer denominated in the Chinese currency.