Top Stories

  • This week in renminbi: May 29, 2017

    China’s FX market records Rmb11.38tr ($1.65tr) of transactions in April, the State Administration of Foreign Exchange releases more foreign investment quotas, and CFETS completes first options write-off in the interbank market.

    • 05:30 AM
  • New RMB fix formula signals further reforms, says HSBC

    A new formula to determine the daily renminbi fix could be a prelude to more exchange rate policy reform from China, said HSBC.

    • 26 May 2017
  • OBOR’s RMBi impact divides experts

    Banks are beginning to grapple with the implications of funding the One Belt One Road (OBOR) project following the Belt and Road Forum for International Cooperation this month. While the initiative will likely help the renminbi go global, it is unclear how far and fast a boost RMB internationalisation will get from it.

    • 26 May 2017

Exclusive Data from GlobalRMB

RMB deals snapshotNEW! Database and customisable league tables of Panda Bonds
Database of Offshore RMB Bonds: search hundreds of deals
Regional deal volumes: compare annual dim sum issuance across the world
Offshore RMB deposits: track changes month-by-month
Cross-border trade settlement: volume graphs for Hong Kong and China
Clearing volumes for Hong Kong

GlobalRMB Panda Bonds league table

Rank Arranger Share % by Volume
1 CITIC Securities 44.72
2 China CITIC Bank Corp 22.36
3 Industrial and Commercial Bank of China (ICBC) 10.16
3 China Merchants Bank Co 10.16
3 Bank of China (BOC) 10.16

Panda Bond Database

Pricing Date Issuer Country Size Rmb (m)
1 22-May-17 CITIC Bank International China 3,000
2 19-May-17 China Power New Energy Development Co China 800
3 17-May-17 Daimler Germany 4,000
4 25-Apr-17 CAR Inc Hong Kong 300
5 20-Apr-17 China Merchants Port Holdings (CMP) Hong Kong 2,500

Offshore RMB Bond Top Bookrunners

Rank Bookrunner Share % by Volume
1 Credit Agricole 12.89
2 Bank of China (BOC) 12.08
3 HSBC 9.64
4 Standard Chartered Bank 7.80
5 DBS 5.74

Latest Offshore RMB Bonds

Pricing Date Issuer Country Size Rmb (m)
1 11-Apr-17 Bank of China Johannesburg Branch (BOC Johannesburg) China 1,500
2 22-Feb-17 Ocean Wealth (Parent: China Orient Asset Management) China 850
3 28-Nov-16 Loncin Holdings China 800
4 04-Nov-16 China Nuclear Engineering Group China 1,500
5 25-Oct-16 ICBC Tokyo branch China 500