Xin Lang Cai Jing·2026-01-09 10:45Core Viewpoint - The issuance of 3.5 billion yuan panda bonds by Barclays Bank, facilitated by Bank of China, highlights the growing recognition of China's panda bond market by international financial institutions [1][3]. Group 1: Panda Bond Market Development - The panda bond market is experiencing increased diversity in its issuers as China's bond market continues to open up [1][3]. - International commercial banks play a crucial role in normalizing financing for international issuers in the domestic market [1][3]. Group 2: Bank of China's Leadership - Since 2015, international commercial banks have issued a total of 34 panda bonds, with Bank of China participating in 30 of them, demonstrating its leading position in the market [2][4]. - Bank of China has collaborated with several benchmark institutions, including the Canadian Imperial Bank of Commerce, United Overseas Bank, Crédit Agricole, Deutsche Bank, and CIMB Bank, to deepen their engagement in the Chinese market [2][4]. - The bank aims to leverage its global network and expertise in the bond market to provide efficient and convenient financial services to international issuers, thereby enhancing the attractiveness and influence of China's bond market [2][4].