KUALA LUMPUR, Oct 31 (Bernama) — CIMB Bank Berhad (“CIMB” or “the Bank”) has made its debut RMB3.0 billion, 3-year Panda Bond issuance in the China Interbank Bond Market, that carries a fixed coupon rate of 2.18%, making this the largest single tranche issuance by a Malaysian institution to date. The Panda Bond with a robust order book of RMB4.64 billion saw a notable deepening of CIMB’s investor base, attracting a broad base of onshore and offshore institutional investors.
This Panda Bond issuance also represents the second largest Panda Bond issuance to date from an Asean Issuer and achieved the lowest coupon rate on record ever secured by an ASEAN issuer.