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Offshore RMB bond issuance likely to boom this year: DBS

Thursday, March 13, 2014 - 06:00

OFFSHORE renminbi (RMB) bond issuance is likely to boom this year driven by strong policy support, continued cash crunch in the mainland and a huge amount of refinancings expected this year, said a DBS banker. "It can easily cross RMB350-400 billion (S$72-82 billion), markets permitting," said

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