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SINGAPORE, Oct. 22, 2024 /PRNewswire/ -- UOB has successfully priced an RMB 5.0 billion three-year bond at 2.3 per cent, marking the Bank's first Panda bond since 2019.
The offering garnered strong demand with a subscription ratio of 1.73 times from both onshore and offshore investors. The bond was well-received by both existing and new investors, with new investors accounting for over 20 per cent of allocations.