China gives blessing to onshore FX hedging

The State Administration of Foreign Exchange (Safe) has followed up on a promise made at the end of last year, announcing on Monday that foreign institutional investors are now allowed to enter the onshore FX derivatives market.

  • By Paolo Danese
  • 28 Feb 2017

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GlobalRMB Panda Bonds league table

Rank Arranger Share % by Volume
1 Bank of China (BOC) 28.78
2 CITIC Securities 22.01
3 China CITIC Bank Corp 10.16
4 Industrial and Commercial Bank of China (ICBC) 7.90
4 Everbright Securities 7.90

Panda Bond Database

Pricing Date Issuer Country Size Rmb (m)
1 19-Sep-17 Skyworth Digital Holdings China 2,000
2 14-Sep-17 Bank of China (Hong Kong) (BOCHK) China 9,000
3 05-Sep-17 Joy City China 1,000
4 01-Sep-17 Rusal Russian Federation 500
5 23-Aug-17 Daimler Germany 5,000

Offshore RMB Bond Top Bookrunners

Rank Bookrunner Share % by Volume
1 JP Morgan 38.18
2 Standard Chartered Bank 23.18
3 Barclays 7.73
3 Citi 7.73
3 HSBC 7.73

Latest Offshore RMB Bonds

Pricing Date Issuer Country Size Rmb (m)
1 22-Sep-17 Royal Bank of Canada Canada 900
2 01-Jun-17 Ocean Wealth (Parent: China Orient Asset Management) China 632
3 11-Apr-17 Bank of China Johannesburg Branch (BOC Johannesburg) China 1,500
4 22-Feb-17 Ocean Wealth (Parent: China Orient Asset Management) China 850
5 28-Nov-16 Loncin Holdings China 800