RMB 2.0: Entering the digital realm

Renminbi internationalisation could soon be renamed renminbi digitalisation as the People’s Bank of China continues to make inroads to becoming the first major central bank to issue its own digital currency, according to a report from King & Wood Mallesons (KWM).

  • By Rev Hui
  • 09 Feb 2017

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GlobalRMB Panda Bonds league table

Rank Arranger Share % by Volume
1 CITIC Securities 27.31
2 China CITIC Bank Corp 16.81
3 China Merchants Bank Co 13.66
3 Bank of China (BOC) 13.66
5 Everbright Securities 10.50

Panda Bond Database

Pricing Date Issuer Country Size Rmb (m)
1 21-Jul-17 Maybank Malaysia 1,000
2 20-Jul-17 Longfor Properties China 2,000
3 10-Jul-17 China Jinmao Holdings China 2,500
4 07-Jul-17 China Everbright Holdings China 2,500
5 23-Jun-17 Bank of China Group Investment China 1,500

Offshore RMB Bond Top Bookrunners

Rank Bookrunner Share % by Volume
1 JP Morgan 49.70
2 Barclays 10.06
2 Citi 10.06
2 HSBC 10.06
2 Bank of China (BOC) 10.06

Latest Offshore RMB Bonds

Pricing Date Issuer Country Size Rmb (m)
1 01-Jun-17 Ocean Wealth (Parent: China Orient Asset Management) China 632
2 11-Apr-17 Bank of China Johannesburg Branch (BOC Johannesburg) China 1,500
3 22-Feb-17 Ocean Wealth (Parent: China Orient Asset Management) China 850
4 28-Nov-16 Loncin Holdings China 800
5 04-Nov-16 China Nuclear Engineering Group China 1,500