Latest RMB bond news

  • 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
  • StanChart Mulan piques Chinese FIG interest

    In the nascent market for special drawing rights (SDR) denominated bonds, known as Mulan bonds, Standard Chartered (StanChart) managed to increase onshore investor interest in the first deal by a commercial lender in China.

    • 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
  • StanChart opens books to SDR bond

    China’s domestic bond market is poised for another landmark transaction with Standard Chartered Bank (Hong Kong) opening books to a special drawing rights-denominated bond on Tuesday.

    • 25 Oct 2016
  • AfDB: SDR bond makes ‘perfect sense’

    The African Development Bank could follow the lead of the World Bank in issuing a bond denominated in special drawing rights, its treasurer has told GlobalCapital.

    • 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
  • StanChart: SDR bonds a sign of our RMB commitment

    Standard Chartered Bank (Hong Kong) is set to become the first commercial issuer of special drawing rights-denominated bonds. The group’s head of capital markets for Greater China and north Asia told GlobalRMB that the notes are testament to StanChart’s commitment to develop the renminbi markets.

    • 21 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
  • StanChart unveils bank line-up for SDR bond

    Standard Chartered Bank (Hong Kong) has unveiled the syndicate for its special drawing rights-denominated bond.

    • 20 Oct 2016
  • Moscow preps Bond Connect launch

    Plans abound to connect China’s bond market with offshore counterparts but they have had little success until recently. Now Russia’s National Settlement Depository (NSD) is close to launching a link in the first half of 2017, Eddie Astanin, chairman of the executive board, told GlobalRMB.

    • 19 Oct 2016

RMB bond news archive

GlobalRMB Panda Bonds league table

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

Panda Bond Database

Pricing Date Issuer Country Size Rmb (m)
1 26-Oct-16 China Gas Holdings China 2,000
2 12-Oct-16 The Wharf (Holdings) Hong Kong 4,000
3 10-Oct-16 KWG Property Holding Cayman Islands 8,000
4 29-Sep-16 Agile Property Holdings Cayman Islands 3,000
5 23-Sep-16 Yuzhou Properties Cayman Islands 3,000

Offshore RMB Bond Top Bookrunners

Rank Bookrunner Total Volume Rmb (m) No. of Deals Share % by Volume
1 Credit Agricole 2,809 3 14.41
2 Bank of China (BOC) 2,631 3 13.50
3 HSBC 2,100 3 10.77
4 Standard Chartered Bank 1,700 2 8.72
5 DBS 983 3 5.05

Latest Offshore RMB Bonds

Pricing Date Issuer Country Size Rmb (m)
1 25-Oct-16 ICBC Tokyo branch China 500
2 20-Oct-16 ICBC Sydney Branch China 1,200
3 08-Sep-16 Haikou Meilan International Airport Investment Ltd China 525
4 08-Sep-16 ICBC Singapore Branch China 1,600
5 02-Sep-16 Central American Bank for Economic Integration (CABEI) Honduras 1,000