{"id":490521,"date":"2026-06-22T21:52:15","date_gmt":"2026-06-22T21:52:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/490521\/"},"modified":"2026-06-22T21:52:15","modified_gmt":"2026-06-22T21:52:15","slug":"the-panda-bonds-how-china-uses-assets-to-boost-yuans-profile-cement-partnerships","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/490521\/","title":{"rendered":"The panda bonds: how China uses assets to boost yuan\u2019s profile, cement partnerships"},"content":{"rendered":"

Brazil<\/a> is set to become the latest major economy to issue panda bonds<\/a> \u2013 yuan-denominated debt sold in the Chinese market \u2013 joining a growing group of countries that has embraced assets backed by China\u2019s currency as a means of fundraising.<\/p>\n

According to analysts, the participation of Brazil \u2013 a founding member of the Brics (Brazil, Russia, India, China and South Africa) bloc of emerging markets and the world\u2019s 10th-largest economy \u2013 marked a milestone for China, which is leveraging the wide interest rate gap between the yuan and US dollar to increase the international allure of its currency.<\/p>\n

A Brazilian panda bond issuance was the subject of speculation after the two nations convened a meeting in Shanghai on June 9, when Pan Gongsheng, the governor of China\u2019s central bank, explicitly welcomed it as part of their broader financial cooperation.<\/p>\n

The issuance is widely expected to happen this week in Shanghai\u2019s interbank bond market, when Brazilian finance minister Dario Durigan will lead a delegation to visit China.<\/p>\n

If launched, it would make Brazil the seventh sovereign issuer over the past year, following in the footsteps of the UAE, Pakistan and Kazakhstan and joining over a dozen nations across Asia, Europe and South America that have already taken part.<\/p>\n

\u201cBrazil\u2019s planned panda bond underscores growing confidence in China\u2019s capital markets<\/a> and highlights the yuan\u2019s expanding role in global financing and reserve diversification,\u201d said Wu Qian, senior analyst at Far East Credit Rating in Beijing.<\/p>\n","protected":false},"excerpt":{"rendered":"Brazil is set to become the latest major economy to issue panda bonds \u2013 yuan-denominated debt sold in…\n","protected":false},"author":2,"featured_media":490522,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[4177,245937,575,138,607,245934,180502,245935,245936,245932,245940,245938,219,245941,18292,192461,111,139,69,37700,190972,245942,4421,3747,4719,245939,10130,245933],"class_list":["post-490521","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-beijing","tag-belt-and-road","tag-brazil","tag-business","tag-china","tag-china-bond","tag-china-finance","tag-china-brazil","tag-china-pakistan","tag-chinese-bond","tag-cicc","tag-dario-durigan","tag-economy","tag-far-east-credit-rating","tag-kazakhstan","tag-lujiazui-forum","tag-new-zealand","tag-newzealand","tag-nz","tag-pan-gongsheng","tag-panda-bond","tag-panda-bonds","tag-peoples-bank-of-china","tag-shanghai","tag-uae","tag-wu-qian","tag-yuan","tag-yuan-bond"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/490521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=490521"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/490521\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/490522"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=490521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=490521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=490521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}