Central Banks' Demand for China Dim Sum Debt Cools as Yuan FallsBy and
Monetary authorities only just took up auction allocation
Sale was first since PBOC devalued currency in August
Global central banks only just took up their allocation of Chinese sovereign Dim Sum bonds at an auction in Hong Kong, a sign yuan depreciation is cooling their appetite for the securities just as China’s onshore debt market opens up to them.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.