• Deutsche Bank announced CNY 9 billion of panda bond issuance in 2026, including CNY 5.5 billion in March.
• It followed with a CNY 3.5 billion multi-tranche panda bond sale in June, setting record-low coupons for a foreign issuer.
• The March transaction was billed as the largest-ever panda bond issuance by a foreign bank.
• Both deals were oversubscribed, signaling strong demand in China’s onshore renminbi bond market.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Deutsche Bank AG published the original content used to generate this news brief on July 10, 2026, and is solely responsible for the information contained therein.