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Wednesday, December 04, 2013
The Issuance of Chinese Dim Sum Bonds is Surging
ANBOUND

The issuance of Chinese"dim sum"bonds hit a record high since June 2012 in line with the accelerated process of RMB internationalization and confidence towards China's future economy. ANBOUND research team thinks that the surging of RMB Dim Sum bonds issuance indicates that the market is rather optimistic towards China's future economy. After the Third Plenary Session of the 18th CPC Central Committee introduced a series of reform plans, the market believes that the new round of reform measures have greater potential in stimulating economic growth. It is indeed a stark contrast with the slow issuance of Dim Sum bonds in July this year.

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