While most Asian credit markets boomed in 2012, offshore renminbi bonds – known as “dim sum” bonds – endured a rollercoaster ride. Yields jumped and investors and issuers shunned the market for much of the year on mounting concerns about the Chinese economy.
儘管亞洲多數信貸市場在2012年蓬勃發展,但離岸人民幣債券——被稱爲「點心債券」(dim sum)——的表現卻好似坐過山車。在去年的很長一段時間,由於人們對中國經濟的擔憂日盛,點心債券的收益率跳漲,投資者和發行者避之不及。
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