RMB 5 billion bond issuance

UOB Sets A New Milestone In The Panda Bond Market With RMB 5 Billion Issuance

In a significant financial achievement, United Overseas Bank (UOB) has successfully priced a RMB 5.0 billion three-year Panda bond at an attractive coupon rate of 2.3%. This issuance marks UOB's return to the Panda bond market, having last issued one in 2019. The offering has garnered robust demand, showcasing the...