China to open up ‘panda bonds’ to Russian energy giants – media

Cătălin Roșioru

Beijing is reportedly preparing to reopen its domestic bond market to major companies including Rosatom and Gazprom Major Russian companies, including nuclear giant Rosatom and gas major Gazprom, are considering issuing yuan-denominated ‘panda bonds’, according to media reports. Since the escalation of the Ukraine conflict in 2022, Russian companies have been barred from Western capital markets under sweeping sanctions, pushing them to seek financing alternatives in Asia. Now China is preparing