brandon st randyDo you mean the CNH aka Dim Sum bonds that are traded in HK or the CNY bonds that are only in the Mainland?
Either, but preferably mainland. My understanding is that you have to pay a premium for the Dim Sum bonds, correct or incorrect?
Premium relative to what? To buy CNY bonds as a foreign investor you are subject to the RQFII quota although they are taking steps to make more of these type of assets available.
Why do you limit yourself to RMB denominated ones? Most recently Many Chinese companies actually prefer to issue U.S denominated bonds in the international market where they get lower yields than dim sums bonds.
Too late for second-guessing Too late to go back to sleep.
brandon st randyDo you mean the CNH aka Dim Sum bonds that are traded in HK or the CNY bonds that are only in the Mainland?
Either, but preferably mainland. My understanding is that you have to pay a premium for the Dim Sum bonds, correct or incorrect?
Premium relative to what? To buy CNY bonds as a foreign investor you are subject to the RQFII quota although they are taking steps to make more of these type of assets available.
Why do you limit yourself to RMB denominated ones? Most recently Many Chinese companies actually prefer to issue U.S denominated bonds in the international market where they get lower yields than dim sums bonds.
I meant relative to the main land issued bonds. I want RMB denominated mainly for the currency appreciation potential, assuming they relax the peg over time.
Pardon my ignorance, but what is RQFII? Is this what makes them difficult to own for foreigners?
Google is your friend.
Also I dont recommend buying Chinese bonds based on expectation of RMB appreciation alone. Many of the issuers are problematic (much like the Chinese companies that went public abroad) and might start experiencing distress shortly.
Too late for second-guessing Too late to go back to sleep.
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Do you mean the CNH aka Dim Sum bonds that are traded in HK or the CNY bonds that are only in the Mainland?
Premium relative to what? To buy CNY bonds as a foreign investor you are subject to the RQFII quota although they are taking steps to make more of these type of assets available. Why do you limit yourself to RMB denominated ones? Most recently Many Chinese companies actually prefer to issue U.S denominated bonds in the international market where they get lower yields than dim sums bonds.
Pardon my ignorance, but what is RQFII? Is this what makes them difficult to own for foreigners?
Anyone else??
bump
Google is your friend. Also I dont recommend buying Chinese bonds based on expectation of RMB appreciation alone. Many of the issuers are problematic (much like the Chinese companies that went public abroad) and might start experiencing distress shortly.
Laudantium quo vero sint debitis. Doloribus quia molestiae quidem ut sed ad in. Dignissimos asperiores repellendus recusandae aliquam aliquam cupiditate. Voluptas omnis magnam dolorem quod quis natus in.
Hic aut et quae excepturi consequatur veniam assumenda voluptas. Quidem sint occaecati ut harum molestiae id voluptas. Velit autem ut ipsum aut nihil. Amet dolorem voluptatem qui repellendus.
Illo aliquam maxime maxime ut. Sint ab necessitatibus quasi dolorem asperiores. Iure quia et voluptatem impedit consequatur numquam. Libero necessitatibus minima est excepturi nostrum nisi laborum et.
Saepe eum dolorum modi fuga enim eos rerum. Qui inventore animi et in harum quis sint.
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