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Italian Finance Minister Tria said Wednesday at the Sino-Italian Financial Forum that the state-owned Italian bank Cassa Depositi e Prestiti (CDP) will sell the first batch of Panda Bonds in the next few days.
Frabrizio Palermo, CDP chief executive, said earlier Wednesday at the forum that about 100 million euros of the planned 650 million Panda Bonds had been purchased.
When asked about the first issue size, Triya said the total size would be 150 million euros.
"There's only one signature left, and it's possible to launch such a sale in the next few days," he said.
The CDP signed a cooperation agreement with the Bank of China in March, including the issuance of panda bonds, renminbi-denominated bonds issued by foreign issuers in China.


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