On 7 October, Barclays Capital launched its Offshore Renminbi (CNH) Bond Index. Also known as ‘dim sum’ bonds, CNH bonds are denominated in RMB but are issued outside of China. The CNH bond market became active in 2010.

The new index offered by Barclays Capital is intended to track the growing ‘dim sum’ bond market, offering investors transparency over the market’s returns and risk characteristics. It is designed to complement other benchmarks tracking bonds in the region, such as the Barclays Capital China Aggregate Index and Barclays Capital Asian Pacific Aggregate Index.