CMP raises Rmb2.5bn from ‘Silk Road’ Panda

China Merchants Port Holdings (CMP) successfully raised Rmb2.5bn ($363.4m) from a five year Panda bond on the interbank market on Thursday. The company is presenting the trade as a Silk Road bond, even though all of the proceeds will be used onshore.

  • By Lorraine Cushnie
  • 21 Apr 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