ADBC boosts dim sum return on strong demand
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ADBC boosts dim sum return on strong demand

Dim_sum_bond_PA_575x375_04Aug20

Agricultural Development Bank of China raised Rmb4.3bn ($618m) from its second dim sum outing this year. Thanks to strong support from Chinese banks, the offshore renminbi bond market offered the issuer clear pricing advantages over the onshore market.

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