Dim Sum / CNH Yield

CNH-denominated bonds, highest yield first.

Offshore renminbi (CNH) fixedincome markets are drawing heightened interest from professional investors seeking attractive carry opportunities amidst evolving mainland monetary policy dynamics and currency stability considerations. The Zhuhai, Guangdongbased financial sector issuance screening into our top tier features the ZHAPIE 2.45% 2029 bond, currently offering a yieldtoworst of 1.951% at a cash price of 101.22. This investmentgradeproximate profile provides a compelling entry point for portfolios looking to lock in crossborder yields and enhance sectordiversified offshore renminbi exposure.