Offshore RMB bond issuance likely to boom this year: DBS

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 Clifford Lee, DBS…