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  • April 17 2014

Asia

Bonds

  • Taiwan widens investor access to Formosa bonds

    Taiwan is hoping to give its renminbi bond market a boost in the second half of year by allowing high-net-worth and qualified retail investors to buy the so-called Formosa bonds. The move, which could happen as early as May, will provide a much needed outlet for the rising volume of the RMB deposits.

    • 06:30 AM

Equities

Loans

  • Dongfeng Peugeot parks allocations for $150m loan

    Allocations have been revealed for the $150m loan for Dongfeng Peugeot Citroën Automobile, a joint venture between Chinese company Dongfeng Motor Corp and France’s Peugeot Citroën, which was taken into limited syndication in mid-February.

    • 23 Apr 2014

People News

RMB

  • Total Derivatives: 1s/5s CNY swaps steeper as 5y underperforms

    Front-end CNY swaps were bid today amid further upward momentum in the fixings. However, 1s/5s swaps steepened up as 5-year swaps underperformed the shorter-end. New rules by the Chinese regular will help bolster capital ratios for the big banks, writes Deirdre Yeung of Total Derivatives.

    • 10:15 AM

Comment

  • Asian corporates are no longer just window shopping

    The much heralded Asian M&A boom appears to be finally underway as leading names including Dongfeng Motor Corp, Lenovo and Oversea-Chinese Banking Corp snap up companies. The willingness of banks to lend funds is driving acquisition momentum and with the economic environment perking up, it’s time for companies to splash out.

    • 22 Apr 2014
  • Now’s the time for Bangladesh to get the best bang for its buck

    Bond investors seem desperate to get their hands on anything other than Chinese property and frontier market sovereigns are stepping up to the plate. Recent and lauded sovereign bonds from Sri Lanka and Pakistan have provided much needed diversification and appetite for frontier credits continues to be rife. Bangladesh has been waiting in the wings and now is the perfect time for it to take the plunge.

    • 15 Apr 2014
  • Pakistan should put Islamic back in its curve

    The Islamic Republic of Pakistan, rated B- / CAA1, will consider it a great result if it can re-establish a five- and 10-year international bond curve this week – following a seven year hiatus – by pricing close to higher-rated Zambia. But for a country with Islamic in its name, with a growing Islamic banking industry and with Islamic finance globally gathering momentum, it would be an oversight if it does not also re-establish a sukuk curve, and soon.

    • 08 Apr 2014
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More from Asia



Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
1 Goldman Sachs 4,688.77 24 8.03%
2 Credit Suisse 3,080.32 34 5.27%
3 China Securities Co Ltd 2,999.56 10 5.14%
4 UBS 2,692.62 33 4.61%
5 Guosen Securities Co Ltd 2,486.66 12 4.26%

Bookrunners of Asia (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
1 Citi 11,036.40 58 11.79%
2 HSBC 9,552.52 59 10.20%
3 JPMorgan 7,337.86 38 7.84%
4 Deutsche Bank 6,595.96 32 7.05%
5 Bank of America Merrill Lynch 6,388.92 37 6.83%

Asian polls & awards

  • Japan’s top transactions of 2013

    The country enjoyed some impressive transactions on the back of a resurgent equity market and companies conducting acquisitions, especially SoftBank. ASIAMONEY reveals the top deals of 2013. By Peter McGill.

  • Japan's foremost financial advisers

    Several banks impressed in 2013, during a year of renewed capital markets activity. ASIAMONEY reveals which banks stood tallest. By Peter McGill.

  • The world’s Islamic finance innovators

    The Islamic finance industry continues to grow quickly, in terms of both assets and users. Yet within this fast-growing sector a number of banks tend to stand out for the quality of their services. ASIAMONEY picks the stand-out Islamic banks in Asia and the Middle East for the past year. By Chris Wright.

  • ASIAMONEY Country Deals of the Year: Thailand

    Each year ASIAMONEY chooses the standout capital markets transaction from each major country in ex-Japan Asia. In Thailand BTS makes several records with the initial public offering of an infrastructure fund based upon the revenues of the Bangkok SkyTrain.

  • ASIAMONEY Country Deals of the Year 2013: Taiwan

    Each year ASIAMONEY chooses the standout transaction from each major market across Asia ex-Japan. In 2013, Taiwan's semiconductor manufacturing giant conducted a debut foray into the bond market for funding to great acclaim.