• CDB double dips with euro/dollar combo

    China Development Bank Hong Kong gave investors a dual option Thursday, issuing a five year dollar bond and a three year euro deal, finding space in a crowded market that saw six other trades hit the screens.

    • 12:00 PM
  • Chinese corporates in the mix of Asian bond feast

    Three Chinese corporates hit the debt market on Thursday on a busy day of issuance in Asia. Beijing Capital Development Holdings (Group), Golden Wheel Tiandi Holdings Company and a financing vehicle from Guangxi raised a combined $900m from deals.

    • 11:15 AM
  • Greater China corps battle for investor attention

    Fixed income investors have plenty supply to choose from out of Asia with seven issuers venturing out on Thursday. Corporates joining the fray included property companies Shokai Group and Golden Wheel as well as Guangxi LGFV and Hong Kong’s Li & Fung.

    • 27 Oct 2016
  • Bonds make frantic dash ahead of November

    Seven deals launched Thursday as issuers came out in force to raise money ahead what is expected to be greater market uncertainty in November.

    • 27 Oct 2016
  • ICBC Tokyo taps Pro-Bond market with dim sum

    Industrial and Commercial Bank of China’s Tokyo branch sold a Rmb500m ($73.8m) dim sum bond on Tuesday — the first offshore renminbi Pro-Bond to be sold in Japan. The transaction was a successful attempt at drawing attention from Japanese investors, with the issuer managing to save costs compared to its dollar funding, according to bankers.

    • 26 Oct 2016
  • BoCom, ICBC continue Chinese FIG spree

    Bank of Communications Financial Leasing Co launched its second dual tranche dollar bond of 2016 Tuesday, following a global roadshow last week.

    • 25 Oct 2016
  • Shokai Group, Guangxi LGFV ready inaugural bonds

    Beijing Capital Development Holdings (Group) Co,also known as Shokai Group, is preparing for a dollar-denominated bond.

    • 24 Oct 2016
  • Investors munch on ICBC Sydney dim sum

    ICBC Sydney issued a Rmb1.2bn ($177m) dim sum bond on Thursday, tapping investor interest for short term liquidity with a two year offering.

    • 21 Oct 2016
  • ICBC NY drops 10yr on pricing expectations mismatch

    Industrial and Commercial Bank of China’s New York branch was forced to scrap a 10 year portion of a dual tranche bond on Monday because of a disagreement with investors over what it should pay. But all was not lost, as the issuer decided to make the most of the demand for the shorter tenor, taking home $1bn in the end, writes Addison Gong.

    • 20 Oct 2016
  • ICBC dives Down Under for renminbi

    ICBC Sydney has returned to the dim sum bond market with the launch of a new two year bond.

    • 20 Oct 2016
  • Toyota to end two year China auto ABS absence

    Chinese ABS buyers are gearing themselves up for a rare visit from Toyota. The company’s China auto leasing arm is poised to launch a Rmb3bn ($445m) offering this week following a more than two year absence.

    • 18 Oct 2016
  • ICBC NY scraps 10 year tranche on pricing mismatch

    Industrial and Commercial Bank of China’s New York branch decided to scrap a 10 year portion of a dual-trancher on Monday, as mismatch on pricing led to investors shunning the tenor in favour of a five year.

    • 18 Oct 2016
  • ICBC Standard picks up EM sales expert

    ICBC Standard Bank appointed a sales head this week in a newly created role that will focus on local markets and illiquid credit.

    • 14 Oct 2016
  • Chinese duo snaps up $800m from hungry investors

    TUS Holdings and a government financing vehicle from Zhuzhou sealed their respective bond offerings on Wednesday, with the former raking in $500m and the latter $300m.

    • 13 Oct 2016
  • TUS Holdings, Zhuzhou LGFV hit bond market

    Chinese issuers are returning to the international bond market after a one week national holiday, with TUS Holdings and Zhuzhou City Construction Development Group heading out with their deals.

    • 12 Oct 2016
  • Saudi loan banks rewarded with bond but some miss out

    Some eight banks that arranged Saudi Arabia’s $10bn loan in May have secured berths on the sovereign's bond extravaganza that is due to kick off this week.

    • 11 Oct 2016
  • Africa’s PTA boosts refi to $400m

    The Eastern and Southern African Trade and Development Bank (PTA) completed its loan refinancing last week and grew the deal from $320.5m to $400m in syndication after strong support from lenders, according to a lead banker.

    • 11 Oct 2016
  • Wuhan, Zhuzhou LGFVs eye dollar bonds

    Wuhan Metro Group and Zhuzhou City Construction are set to become the latest Chinese local financing vehicles (LGFVs) to sell international bonds.

    • 03 Oct 2016

Panda Bonds Top Arrangers

Rank Arranger Total Volume Rmb (m) No. of Deals Share % by Volume
1 Bank of China (BOC) 7,500 5 21.01
2 Agricultural Bank of China (ABC) 4,000 2 11.20
2 Everbright Securities 4,000 1 11.20
4 Industrial and Commercial Bank of China (ICBC) 3,500 2 9.80
5 HSBC 3,000 2 8.40

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%