Dim Sum / CNH Yield

CNH-denominated bonds, highest yield first.

The Dim Sum bond market offers professional fixedincome investors a strategic entry point into offshore Renminbidenominated debt, capturing compelling yield premiums amid shifting mainland monetary policy dynamics. Financial sector issuance continues to drive relative value, exemplified by issuers like ZHAPIE offering structured yields such as the 2.45% coupon maturing in April 2029, which currently screens with a yield to worst of 1.949% at a price of 101.20. Portfolio managers looking to diversify currency exposure and enhance total return profiles can leverage these instruments to optimize duration positioning while maintaining high credit standards in the Chinese credit space.

#IssuerISINCouponYTWPriceMaturityNext CallRatingCURAMT OUT
1Zhangzhou Jiulongjiang Group Co., Ltd.…9M272.451.949101.20198222029-04-23No RatingCNH310MM