Question

Dim sum bonds are:

	a.	bonds issued by non-Chinese companies in Chinese yuan in mainland China
	b.	bonds issued by non-Chinese companies in dollars in mainland China
	c.	bonds issued by Chinese companies in Chinese yuan in Brussels
	d.	bonds issued by a company (Chinese or non-Chinese) in Chinese yuan outside China

Answer 1

d.bonds issued by a company (chinese or non chinese) in chinese yuan outside China

Dim sum bonds refer to bonds issued outside of china by non chinense or chinese companies.They are denominated in renmenbi.(yuan is the name of a unit of renminbi).It was first issued in 2007 by China Development bank.Deregualtion and he appreciation of renminbi in 2011 resulted in dim sum bonds becoming popular.Non chinese financial and non financial comapnies have issued dim sum bonds.

Other options explained

a. bonds issued by non-Chinese companies in Chinese yuan in mainland China

false since they are issued by both chinese and non chinese companies outside mainland china

b. bonds issued by non-Chinese companies in dollars in mainland China

false .since they are issued by both chinese and non chinese companies outside mainland china and is denominated in renminbi(yuan is the name of a basic unit of renminbi)

c. bonds issued by Chinese companies in Chinese yuan in Brussels

False .since they are issued by both chinese and non chinese companies outside mainland china