AIIB debuts as dim sum sees ‘greatest ever flow’

DimSum_16Jan20_AdobeStock_575x375
By Frank Jackman
16 Jan 2020

AIIB made its dim sum debut this week into a booming market. A slew of deals has been sold in recent weeks, with more paper printed in last the last 10 days than in the whole of any other year, except for 2019.

“This is possibly the single greatest ever flow in the CNH market,” said one medium-term note (MTN) banker.

Volumes are climbing with at least Rmb9.25bn ($1.34bn) printed across 11 trades since the start of this year (see table for details), far outpacing last January’s Rmb708m of issuance, according ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial