dcsimg
Emerging Markets

Opinion: China reforms key to HK renminbi bond market

If Beijing is serious about developing Hong Kong’s renminbi bond market, it needs to change convertibility rules and allow corporates to sell paper to swell liquidity and add diversity. It must also issue regularly in the city to help create a benchmark.

  • 09 Sep 2009

China is taking a step towards deepening Hong Kong’s renminbi bond markets with its Rmb6 billion (US$868 million) sovereign debt sale set for the end of this month.

Still, more needs to be done to develop the sector, as much for China as for Hong Kong.

The move is ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please call Mark Goodes on +44 (0)20 7779 8605 or email mark.goodes@globalcapital.com to discuss your requirements.

Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Jul 2014
1 HSBC 35,542.96 222 10.57%
2 Citi 35,316.03 165 10.50%
3 JPMorgan 30,419.41 125 9.04%
4 Deutsche Bank 26,015.55 128 7.73%
5 Bank of America Merrill Lynch 16,493.37 94 4.90%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 Jul 2014
1 HSBC 10,261.88 34 11.59%
2 Citi 8,240.01 37 9.30%
3 JPMorgan 8,029.89 28 9.07%
4 Deutsche Bank 7,304.53 29 8.25%
5 Credit Suisse 7,139.95 23 8.06%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 Jul 2014
1 Citi 12,318.87 44 13.13%
2 JPMorgan 11,127.22 30 11.86%
3 Barclays 7,913.99 22 8.43%
4 Deutsche Bank 7,763.51 29 8.27%
5 HSBC 7,588.04 31 8.09%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Jul 2014
1 Goldman Sachs 247.91 80 8.91%
2 JPMorgan 237.63 79 8.55%
3 Lazard 167.77 99 6.03%
4 Bank of America Merrill Lynch 167.00 61 6.01%
5 Deutsche Bank 159.30 64 5.73%

Bookrunners of Central and Eastern Europe: Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 Jul 2014
1 Deutsche Bank 1,077.99 6 8.35%
2 ING 1,017.60 11 7.88%
3 RBS 940.38 3 7.28%
4 SG Corporate & Investment Banking 847.35 8 6.56%
5 UniCredit 770.52 7 5.96%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 Jul 2014
1 Standard Chartered Bank 2,617.03 19 11.45%
2 AXIS Bank 2,167.77 54 9.49%
3 Deutsche Bank 1,579.26 22 6.91%
4 HSBC 1,412.78 13 6.18%
5 Citi 1,389.67 9 6.08%
Z