Dim sum bond: Difference between revisions
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A bond denominated in Chinese renminbi, but issued and settled outside the People's Republic of China (PRC). | A bond denominated in Chinese renminbi, but issued and settled outside the People's Republic of China (PRC). | ||
Initially the issuers were the | Initially the issuers were the PRC and Hong Kong banks. | ||
As Chinese restrictions eased somewhat from 2010, Chinese non-financial companies (corporates), foreign banks, foreign corporates and eventually foreign regional governments and sovereigns made issues. | As Chinese restrictions eased somewhat from 2010, Chinese non-financial companies (corporates), foreign banks, foreign corporates and eventually foreign regional governments and sovereigns also made issues. | ||
The offshore renminbi is known as CNH. | The offshore Chinese renminbi is known as CNH. | ||
Line 16: | Line 16: | ||
* [[Panda bond]] | * [[Panda bond]] | ||
* [[Samurai bond]] | * [[Samurai bond]] | ||
* [[Sovereign]] | |||
* [[Yankee bond]] | * [[Yankee bond]] | ||
* [[Yuan renminbi]] | * [[Yuan renminbi]] | ||
[[Category:The_business_context]] |
Latest revision as of 19:08, 27 July 2018
A bond denominated in Chinese renminbi, but issued and settled outside the People's Republic of China (PRC).
Initially the issuers were the PRC and Hong Kong banks.
As Chinese restrictions eased somewhat from 2010, Chinese non-financial companies (corporates), foreign banks, foreign corporates and eventually foreign regional governments and sovereigns also made issues.
The offshore Chinese renminbi is known as CNH.