The attractiveness of 'panda bonds' is increasing, driving overseas funds to increase their allocation of RMB assets.

On December 31, Jinshi data reported that since the beginning of this year, the 'Panda Bonds' issuance has been continuously increasing, with record-breaking numbers in both the quantity and amount of issuance. Data shows that as of December 30, there have been 109 issuances of 'Panda Bonds' with a total issuance amount of 194.8 billion yuan calculated from the bond's interest start date. Compared with the entire previous year, the quantity and amount of issuance have risen by 15.96% and 26.12% respectively. Experts believe that factors such as low financing costs and further improvement of relevant systems have enhanced the attractiveness of 'Panda Bonds'. It is expected that domestic financing costs will continue to remain relatively low, leading to further expansion of 'Panda Bonds' under this advantage.