The Panamanian issue of $500 million in “Panda” debt securities could be made in the course of the second half of the year, in the Chinese capital market.

With this issue, the Panamanian government plans to take advantage of the most favorable financing conditions offered by the Chinese securities market, compared to the local market and even other developed markets. 

Prensa.com reports that “… Panama already has outstanding debt in yen, known as samurai bonds, which mature in 2021. It also analyzed issuing debt in Swiss francs and euros, but eventually decided not to do so.“

“… The Bank of China is analyzing the possibility of expanding operations in Panama, through a regional headquarters, taking advantage of the platform offered by the isthmus for commercial exchange between Asia and Latin America.“