Asia Risk Congress 2011: Offshore renminbi bonds held back by illiquidity in longer tenors

Hong Kong protection

The fledging offshore renminbi bond market in Hong Kong – whose instruments are dubbed 'dim sum' bonds – is being held back by a lack of longer-tenor issuance, according to speakers on a panel discussion at the Asia Risk Congress 2011 today.

At the moment, the market is focused on maturities of three to five years, which means few Hong Kong blue-chip companies are tempted to tap the 158 billion yuan (US$24.7 billion) outstanding bond market.

Part of the reason for lower long-term issuance is the

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: