Latest SSA local currency bond news

  • Asian borrowers storm debt market

    A diverse group of issuers forged ahead with their respective fundraisings on Thursday, seeking everything from dollars to Singapore dollars and green debt.

    • 13 Oct 2016
  • Credit reforms needed as Panda bonds celebrate birthday

    The Chinese Panda bond market is enjoying plenty of attention, having just passed the one year anniversary of its comeback in September 2015. However, while market participants expect the exuberance to continue, they have called for credit reforms to diversify the investor base.

    • 04 Oct 2016
  • Taiwan renminbi bonds: down but not out

    Renminbi bonds in Taiwan had a spectacular run for most of last year. But a new age of renminbi volatility combined with weaker regulatory momentum has put the market on hold in 2016. Nevertheless market participants agree that the renminbi promise remains an enticing one. Paolo Danese reports.

    • 29 Sep 2016
  • Silk Road bonds: looking for takers

    Silk Road bonds (SRBs) could boost the popularity of the renminbi as well as address emerging markets infrastructure shortages, according to panelists at a forum by credit agency Dagong and the International Capital Markets Association (ICMA). But giving the instruments the proper policy support will be key to their success.

    • 12 Sep 2016
  • British Columbia spices up the Masala market

    The Province of British Columbia will dip into the Masala bond market for the first time with a January 2020 bond on Thursday.

    • 31 Aug 2016
  • Poland seals Europe’s inaugural Panda trade

    Poland became the first European country to issue a Panda bond on Thursday, printing a landmark Rmb3bn ($451m) deal. The depreciating renminbi was not enough to put off foreign investors, while the yield pick-up over other sovereign bonds helped ensure a strong order book. Addison Gong reports.

    • 25 Aug 2016
  • Shanghai to fulfill RMB ambitions with FTZ bond

    The Shanghai city government announced this week that it is exploring the possibilities of a free trade zone (FTZ) bond as part of China’s broader goal to provide more onshore renminbi products for international investors.

    • 19 Aug 2016
  • Poland mandates two for Panda bond

    The Ministry of Finance of the Republic of Poland has mandated Bank of China and HSBC as joint lead underwriters to work on the sovereign’s upcoming Panda bond.

    • 15 Aug 2016
  • SGX Bond Pro eyes Asia local currency opportunities

    The Singapore Exchange’s electronic bond trading platform, SGX Bond Pro, is planning to expand into Asian local currency notes later this year. While the initial stage of expansion will be in markets closet to home, the exchange’s head of fixed income trading, Tsai Li Renn, told GlobalRMB that linking up with China could also be on the horizon.

    • 07 Jul 2016
  • China's MoF seals 11th offshore auction at Rmb14bn

    China’s Ministry of Finance completed a Rmb14bn ($2.17bn) auction of offshore renminbi government bonds on Wednesday, with strong demand from investors resulting in a more than three times covered transaction.

    • 29 Jun 2016

SSA local currency bond news archive

Panda Bonds Top Arrangers

Rank Arranger Total Volume Rmb (m) No. of Deals Share % by Volume
1 Bank of China (BOC) 7,500 5 22.26
2 Agricultural Bank of China (ABC) 4,000 2 11.87
2 Everbright Securities 4,000 1 11.87
4 Industrial and Commercial Bank of China (ICBC) 3,500 2 10.39
5 HSBC 3,000 2 8.90

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Oct 2016
1 CITIC Securities 15,417.46 59 6.69%
2 Morgan Stanley 11,809.74 49 5.12%
3 GF Securities Co Ltd 11,402.65 45 4.95%
4 Deutsche Bank 8,930.26 36 3.87%
5 China Securities Co Ltd 8,697.57 46 3.77%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Oct 2016
1 HSBC 25,655.98 155 9.54%
2 Citi 24,170.03 132 8.99%
3 Bank of America Merrill Lynch 21,409.23 104 7.97%
4 JPMorgan 18,713.00 109 6.96%
5 Goldman Sachs 12,065.00 52 4.49%