Core Viewpoint - The issuance scale of dim sum bonds for 2025 has exceeded 870 billion RMB, marking a record high since data tracking began in 2007, surpassing the total issuance for 2024 [1] Group 1: Issuance Scale and Trends - The issuance scale of dim sum bonds for 2025 is over 870 billion RMB, which is higher than the total for 2024 and sets a new record [1] - The low financing costs in RMB have increased global investors' demand for RMB-denominated assets [1] - The market is expected to continue expanding in 2026, with a more diverse structure of issuers predicted by institutions such as Standard Chartered, Bank of America, and Deutsche Bank [1] Group 2: Internationalization of RMB - China is accelerating the internationalization of the RMB, enhancing its cross-border financing capabilities [1] - Major Chinese internet giants, along with international issuers like the Indonesian government and the Development Bank of Kazakhstan, are exploring offshore RMB financing [1]
2025年点心债：发行超8700亿 2026年规模或再扩
Sou Hu Cai Jing·2025-12-15 00:30