Taiwanese lifers pull weight on Chexim 15-year bond

Chexim's Rmb2 billion dim sum reflects investor demand for long bonds, even as China Datang abandons a five-year tranche.

Taiwanese lifers pull weight on Chexim 15-year bond

Export-Import Bank of China Chexim priced a Rmb2 billion $313 million dual-tranche dim sum bond on Monday night, reflecting the continued investor appetite for exposure to long-dated offshore renminbi bonds.

Chexim is a policy bank, rated Aa3AA-A, and viewed by investors as having sovereign status. Its bonds are also one of the few dim sum bonds that are eligible as repo collateral at Bank of China in Hong Kong and, as...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Print Edition

FinanceAsia Print Edition