Dim Sum / CNH Yield

CNH-denominated bonds, highest yield first.

The Dim Sum theme isolates offshore yuan (CNH) bonds, ranked by yield to worst, giving international fixedincome investors access to renminbidenominated Chinese credit outside mainland settlement channels. This screen returned one qualifying bond, ZHAPIE 2.45% due 23 April 2029, a financialsector issuer from China with a yield to worst of 1.952%. With a single constituent, the result works better as a reference point for the offshore yuan segment than as a representative sector benchmark. The bond trades at 101.19, modestly above par, which is why its yield to worst sits below the 2.45% coupon. Its nearterm 2029 maturity limits the pricepull effect, so income is the main driver of return and the yield is the key figure to weigh against other CNH issuance.

#IssuerISINCouponYTWPriceMaturityNext CallRatingCURAMT OUT
1Zhangzhou Jiulongjiang Group Co., Ltd.…9M272.451.952101.19226092029-04-23No RatingCNH310MM