No longer cheap: China’s finance ministry to pay up for dim sum

China's Ministry of Finance (MOF) is planning its fourth offshore renminbi bond to raise Rmb25 billion to Rmb30 billion ($3.9 billion to $4.7 billion), to commemorate the 15th anniversary of the handover of Hong Kong to China, according to bankers. As the handover took place on July 1, many expect the issue to be launched around that time.