Tag Archives: offshore Renminbi

Asia Fixed Income: Dim Sum – What is on the Menu?

As tracked by the S&P/DB ORBIT Index, the size of the offshore renminbi bond market rose 66% year-to-date (YTD) and reached CNY 280 billion*, which reflected the robust supply in 2014. And if we look at the index exposure by issue year, the new issues in 2014 represent 53% of the index. Exhibit 1: Index Read more […]

The Dim Sum Bond Market Expanded 57% YTD in 2014

On the back of strong issuance this year, the size of the dim sum (as known as Offshore Renminbi) bond market, that tracked by the S&P/DB ORBIT Index, rose 57% year-to-date (YTD) to currently CNH 264 billion. As shown in Exhibit 1, 68% of the dim sum bond market is composed of the credit issuers.  Note that the index Read more […]