SSA dim sum market building up steam

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By Frank Jackman
28 Nov 2019

Dim sum MTN issuance from SSAs reached a record high in 2019, and the growth is set to continue next year. The renminbi’s inclusion in the IMF’s special drawing rights (SDR) basket and global bond indices will ensure growing appetite for the instrument, according to one MTN desk head.

“We are moving into a triptych world where you have dollars, euros and renminbi as the three global currencies,” said the desk head. “People have long discussed the internationalisation and opening of the Chinese capital market. Now that this is a reality, the SSA issuer community is driving ...

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