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Dim sum bond volumes to reach Rmb150bn in 2012: Crédit Agricole
June 26, 2012
From Lorraine Cushnie
The French bank predicts that offshore renminbi bond issuance will reach a record Rmb150 billion this year with the onshore renminbi (CNY) strengthening by year end.
Offshore renminbi bond issuance will reach Rmb150 billion (US$23.5 billion) in 2012, predicts Crédit Agricole.
The French bank puts the so-called dim sum bond issuance for the year so far at Rmb64 billion or 40% of its target...
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