Dim sum bond

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Revision as of 22:04, 28 April 2016 by imported>Doug Williamson (Add link.)
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A bond denominated in Chinese renminbi, but issued and settled outside the People's Republic of China.

Developing from 2007 in Kong-Kong, initially the issuers were PRC and HK 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.

The offshore renminbi is known as CNH.


See also