Yield demand deters dim sum debt issuers
The cost of funding the so-called dim sum bonds has risen as the swap rates between the yuan and the US dollar are at record lows, tempering the pace of investment-grade corporate bond issues by foreign issuers, industry experts said at a forum yesterday.
via Business feed http://www.scmp.com/business/banking-finance/article/1233265/yield-demand-deters-dim-sum-debt-issuers