Dim Sum / CNH Yield
CNH-denominated bonds, highest yield first.
The Dim Sum theme gathers CNHdenominated bonds and ranks them by yield, placing the highestyielding opportunities at the top of the screen for investors seeking renminbi income. This edition returned a single name: ZHAPIE 2.45% 23 April 2029, a Chinese financialsector issue offering a 1.964% yield to worst. Priced at 101.15, the bond trades slightly above par, so its yield sits below the 2.45% coupon. Buyers accept a modest premium in exchange for a defined maturity in April 2029. Fixedrate exposure to a financial issuer in the offshore renminbi market provides a clear, transparent income stream that fits well within a diversified fixedincome allocation. The thin result is itself informative. The screen is demanding, and few CNH issues currently combine attractive yield with the sector and credit characteristics this theme prioritises. For professional investors, the case rests on relative value within offshore renminbi markets, where yield, maturity and issuer quality should be weighed against comparable USD and onshore alternatives.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Zhangzhou Jiulongjiang Group Co., Ltd. | …9M27 | 2.45 | 1.964 | 101.1506136 | 2029-04-23 | No Rating | CNH | 310MM |