Offshore RMB bonds:Standardised issuance framework launched
http://msn.finance.sina.com.cn 2012-05-11 13:59 来源: 新浪财经
The NDRC has announced a standardised framework foronshore non-financial entities’ offshore renminbi bondissuance
The requirements for offshore issuance are looser than foronshore, paving the way for a material increase over themedium term
But funding costs for Dim Sum bonds have risen due to thelow USD rate environment and declining onshore yields