Pakistan is preparing to issue its first-ever tranche of Panda bonds before December this year, Bloomberg News reported. As per the report, Pakistan aims to raise $250 million through the yuan-denominated debt. The bonds will be privately placed on China’s national interbank market and offered to qualified institutional investors. “Indicative coupon of the bond is […]
Panda
Giant pandas to return to China after two decades at Memphis Zoo
A pair of giant pandas will return to China after two decades at the Memphis Zoo in Memphis, the U.S. state of Tennessee, as the zoo’s current giant panda loan agreement with the Chinese Association of Zoological Gardens is coming to an end. Giant pandas Ya Ya and Le Le will “make the journey back […]