Dim sum bond: Difference between revisions
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imported>Doug Williamson (Link with Formosa bond page.) |
imported>Doug Williamson (Correct and remove out of date material.) |
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A bond denominated in Chinese renminbi, but issued and settled outside the People's Republic of China. | A bond denominated in Chinese renminbi, but issued and settled outside the People's Republic of China. | ||
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. | The offshore renminbi is known as CNH. | ||
Revision as of 16:51, 15 November 2017
A bond denominated in Chinese renminbi, but issued and settled outside the People's Republic of China.
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.
