dim sum bonds
Coverage of dim sum bonds in the Nexus archive.
- Appetite for yuan assets sees London Clearing House accept dim sum bonds as collateral
The London Clearing House (LCH) has started accepting offshore yuan-denominated Chinese government bonds, known as dim sum bonds, as collateral for margin requirements. This move supports Beijing’s efforts to internationalise the yuan and integrate its debt into global financial systems.
- Appetite for yuan assets sees London Clearing House accept dim sum bonds as collateral
The London Clearing House (LCH) has started accepting offshore yuan-denominated Chinese government bonds, known as dim sum bonds, as non-cash collateral for margin requirements. This move supports Beijing’s efforts to internationalize the yuan and integrate its debt into global financial systems.
- Kazakhstan bank turns to Hong Kong as gateway to offshore renminbi finance
A Kazakhstan-based commercial bank backed by China Citic Bank is seeking to collaborate with Hong Kong financial institutions to develop new financing channels through the city's offshore renminbi market. The bank's chairman stated that three clients are exploring dim sum bond issuances in Hong Kong, signaling a growing trend.