Dim sum bond

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 made issues.

The offshore renminbi is known as CNH.

See also

• Bulldog bond
• China
• Formosa bond
• Hong Kong
• Panda bond
• Samurai bond
• Yankee bond
• Yuan renminbi