Dim Sum Bonds Meaning Factors What Is Dim Sum Bonds
What are Dim Sum Bonds? Dim Sum Bonds are fixed debt instruments denominated in Chinese renminbi rather than local currency and quite popular in Hong kong. These are quite attractive to investors interested in holding the debt issues denominated in yuan but are unable to do so due to increasing Chinese domestic debt regulation. These bonds can be sold by domestic as well as non-domestic entities, including corporations,, financial institutionsFinancial InstitutionsFinancial institutions refer to those organizations which provide business services and products related to financial or monetary transactions to their clients....