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CNH bond market’s appeal to persist despite higher yields: HSBC

May 24, 2012  


From Chien Mi Wong

The dim sum bond market is expected to remain buoyant for the rest of 2012, despite rising yields due to its strong liquidity, investor base and growing recognition, believes the bank.

The offshore renminbi bond market – also known as the CNH or dim sum bond market – is anticipated to remain resilient on the back of strong liquidity and investor base, despite becoming more expensive in recent months.

HSBC believes that Hong...


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SOUTHEAST ASIA DCM

Rank Bookrunner Parents Deal Value $ (Proceeds) (m) No. %share 2012 YTD Rank
1 HSBC 4,160 38 8.3 2
2 Standard Chartered Bank 4,110 36 8.2 3
3 Goldman Sachs 3,666 3 7.3 5
4 Deutsche Bank 3,354 15 6.7 8
5 Citi 2,774 9 5.5 7
6 DBS 2,341 28 4.6 1
7 JPMorgan 2,288 7 4.5 4
8 CIMB Group 2,095 39 4.2 10
9 Siam Commercial Bank 1,835 16 3.6 22
10 RHB Capital Bhd 1,688 24 3.4 15
Subtotal 28,311 161 56.2
Total 50,423 249 100.0



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