Dim Sum / CNH Yield

CNH-denominated bonds, highest yield first.

The Dim Sum theme isolates CNHdenominated bonds ranked by yield to worst, giving professional investors a focused screen of offshore renminbi credit. Only one bond currently meets the criteria, so this edition is a close look at a single name rather than a broad comparison across the segment. ZHAPIE's 2.45% bond maturing April 2029 yields 1.957% to worst and trades at 101.17, so the yield sits modestly below the coupon because the bond is priced above par. As a Chinese financialsector issuer, it offers a direct read on how onshore financial names are funded in the offshore renminbi market. The bond's nearterm maturity keeps its yield profile relatively contained, which suits investors who want CNH exposure without taking on longdated duration. Assessing its relative value against onshore CNY curves and other dim sum issuance will show whether the yield adequately compensates for currency and liquidity considerations.

#IssuerISINCouponYTWPriceMaturityNext CallRatingCURAMT OUT
1Zhangzhou Jiulongjiang Group Co., Ltd.…9M272.451.957101.1728992029-04-23No RatingCNH310MM