dim-sum

Today, there is about 125 billion yuan outstanding of so-called "dim-sum bonds," as yuan-denominated debt issued outside mainland China are known, encouraged by the Chinese government as part of its efforts to expand the use of the yuan beyond its borders.

Beijing Allows Bank of China to Bring Yuan Back to Mainland Lingling Wei 2011

Today, there is about 125 billion yuan outstanding of so-called "dim-sum bonds," as yuan-denominated debt issued outside mainland China are known, encouraged by the Chinese government as part of its efforts to expand the use of the yuan beyond its borders.

Beijing Allows Bank of China to Bring Yuan Back to Mainland Lingling Wei 2011

Now that the promise seems broken, investors are finding the bonds—referred to as dim-sum—more difficult to swallow.

Digesting 'Dim Sum' Bonds Tom Orlik 2011

According to the Royal Bank of Scotland, the value of bonds outstanding in this so-called dim-sum market has risen to the equivalent of $15.8 billion from about $5.3 billion at the end of 2009.

Get Ready: Here Comes the Yuan Tom Orlik 2011

According to the Royal Bank of Scotland, the value of bonds outstanding in this so-called dim-sum market has risen to the equivalent of $15.8 billion from about $5.3 billion at the end of 2009.

Get Ready: Here Comes the Yuan Tom Orlik 2011

China Citic Bank plans to raise as much as $4.7 billion in an offering of so-called dim-sum bonds in Hong Kong.

What's News 2011

Industrial & Commercial Bank of China Ltd., the world's largest bank by market value, may provide services for Indian customers seeking to raise yuan funds from the sale of so-called dim-sum bonds, President Yang Kaisheng said in Mumbai yesterday.

BusinessWeek.com -- Top News 2011

Since last year, companies outside China have been able to issue debt in yuan, allowing investors to buy what are popularly known as "dim-sum bonds".

BBC News - Home 2011

The strong interest has kept yields on the debt low until in late September, when turmoil in global financial markets caused investors to sell dim-sum bonds and other currencies for the comfort of the dollar.

Broader Pitch for Dim-Sum Bonds Lingling Wei 2011

"Some central banks have bought dim-sum bonds issued by the Chinese government," said Tee Choon-Hong , head of capital markets in the Northeast Asia region at Standard Chartered, adding "they are testing how the market works."

Broader Pitch for Dim-Sum Bonds Lingling Wei 2011