Chexim rides on dim sum bond fever

The Export-Import Bank of China captures robust investor demand with its third offshore renminbi bond. The $700 million issue tightens sharply in the secondary market, which is testament to the ferocious appetite for so-called dim sum bonds.

Denise Wee

December 01, 2010

The Export-Import Bank of China (Chexim) has priced a dual-tranche Rmb5 billion ($700 million) “dim sum” bond amid resounding demand from institutional investors. The bond offered two tranches, one to retail investors and the other to institutional accounts.

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