Sources: GlobalRMB, Bank of England, Bundesbank, CBC, CEIC, City of London Corp, HKMA, Luxembourg for Finance, Monetary Authority of Macao, Monetary Authority of Singapore. Last updated May 12, 
2017.

GlobalRMB Panda Bonds league table

Rank Arranger Share % by Volume
1 CITIC Securities 43.01
2 Industrial and Commercial Bank of China (ICBC) 13.44
2 China Merchants Bank Co 13.44
2 Bank of China (BOC) 13.44
2 China CITIC Bank Corp 13.44

Panda Bond Database

Pricing Date Issuer Country Size Rmb (m)
1 25-Apr-17 CAR Inc Hong Kong 300
2 20-Apr-17 China Merchants Port Holdings (CMP) Hong Kong 2,500
3 11-Apr-17 China Jinmao Holdings China 2,500
4 23-Mar-17 Sino-Ocean Group Holdings Hong Kong 4,000
5 16-Mar-17 Rusal Russian Federation 1,000

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