KfW takes first bite of dim sum bond, raises Rmb1bn

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KfW takes first bite of dim sum bond, raises Rmb1bn

State-owned KfW debuted in the dim sum bond market this week, raising Rmb1bn ($158m) and becoming the fourth issuer from Germany to sell offshore renminbi bonds. (See Public sector borrowers section in the main paper for full details of the transaction.)

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