Development Bank Aims for Dim Sum

Oct 17, 2012

Issuance of offshore Chinese rinimnbi (RMB) bonds, or Dim Sum bonds, is coming back into focus for LatAm bond issuers, with Central American development bank Cabei adding itself to the list. Cabei is considering a RMB300m-RMB500m ($48m-$80m) transaction with a 3-year or 5-year tenor in what would be its debut in...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management