panda bond

English

Etymology

panda +‎ bond. From being a bond, a debt instrument, denominated in renminbi (RMB, CNY, yuan, ¥, /), 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)

  1. (finance) A bond issued in the People's Republic of China by a non-Chinese issuer denominated in the Chinese currency.

Coordinate terms