Portugal to join Panda fray

摘要

Portugal will turn to the Panda market for its next international bond offering in a move that will be closely watched as trade tensions between China and the US continue to dominate headlines. Portugal will offer Rmb2bn (US$290m) of three-year bonds on May 29 and 30, said a banker familiar with the deal. It will be the first Panda bond issued by a eurozone sovereign. Bank of China and HSBC are the leads.