Dim sum bonds sprout in Dubai - Mar. 7, 2012

Forget hummus. The Middle East is now serving dim sum...bonds.
Dubai-based Emirates NBD, the largest bank in the United Arab Emirates, is selling $119 million in so-called dim sum bonds, debt securities issued in the Chinese yuan outside of mainland China, primarily Hong Kong.
While the the bank's issuance is small in size, it marks the first dim sum bond sale for the Gulf region and signals China's growing appetite for foreign investment.

* username: rupertbu