New rules may be in the works for corporate dim sum bond issuers

Clarity on repatriation of proceeds

2 minute read February 07, 2012 at 11:58 PM

clpstaff and clp articles

Baosteel Group (Baosteel) became the first corporate to issue dim sum bonds. This reflects the fact that the Chinese government is taking steps to clarify its approval process for non-banks to issue yuan-denominated debt securities.

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