L-Bank could kickstart wave of dim sum issuance

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By Frank Jackman
09 Apr 2020

German agency L-Bank steamed into the dim sum bond market on Tuesday to print what could be the start of a new flurry of offshore renminbi issuance.

“Recently, when there’s been one dim sum bond a few more will usually follow,” said one banker away from the deal. “If now is the time for a new wave, we could see some in the coming days after the Easter break.”

L-Bank placed a Rmb1bn ($141.6m) 1.81% ...

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