Bank of Switzerland Limited announced that it plans to issue panda bonds for the first time, raising no more than RMB 2 billion. According to the fund-raising instructions, the issuance period is 5 years, and it is expected that no more than 30% of the net raised capital will be used for domestic business, and the remaining portion is expected to be remitted overseas by the issuer in the form of offshore RMB.

Bank of Switzerland Limited announced that it plans to issue panda bonds for the first time, raising no more than RMB 2 billion. According to the fund-raising instructions, the issuance period is 5 years, and it is expected that no more than 30% of the net raised capital will be used for domestic business, and the remaining portion is expected to be remitted overseas by the issuer in the form of offshore RMB.