A Global Chinese Renminbi Bond Market: The Dim Sum Bond Market
☆
The views and opinions expressed herein are those of the author (Derrick Tzau) and do not necessarily reflect the views of Rainier Investment Management, Inc. or its employees.
The views and opinions expressed herein are those of the author (Derrick Tzau) and do not necessarily reflect the views of Rainier Investment Management, Inc. or its employees.
International Financial Markets
ISBN: 978-1-78190-311-7, eISBN: 978-1-78190-312-4
Publication date: 28 August 2013
Abstract
This chapter provides a review of the Chinese government policies that promote the internationalization of the Chinese currency, the renminbi or RMB, which include the RMB swap arrangements between the central banks, trading of the RMB across different markets, and establishment of the dim sum bond market. In particular, we update the development of the dim sum bond market in terms of the size, amount of the issues, coupon and tenor characteristics, issuers, and investment bankers of dim sum bond issues. The dim sum bond market appears to be a promising global asset class for investors.
Keywords
Citation
Fung, H.-G., Tzau, D. and Yau, J. (2013), "A Global Chinese Renminbi Bond Market: The Dim Sum Bond Market The views and opinions expressed herein are those of the author (Derrick Tzau) and do not necessarily reflect the views of Rainier Investment Management, Inc. or its employees.
Publisher
:Emerald Group Publishing Limited
Copyright © 2013 Emerald Group Publishing Limited