GlobalRMB's Panda Bond Database
aims, but cannot guarantee, to include every Panda Bond placed with institutional investors. Panda Bonds are defined as renminbi-denominated bonds issued in the Chinese onshore market by issuers incorporated outside China. This includes red chips, China-based companies that are listed and incorporated outside China. The country of each deal is designated by the country of the issuer parent, so red chip deals appear as China in the database, irrespective of where the issuing entity is incorporated. Private placements are excluded from league table calculations. Notes classified as commercial papers are not included in the database.

Individual deal details will open in a new browser tab when you click View.

Latest Deals

Pricing Date Issuer Country Size Rmb (m)
1 16-Mar-17 Rusal Russian Federation 1,000
2 14-Mar-17 Daimler Germany 3,000
3 24-Nov-16 Powerlong Real Estate Holdings China 3,500
4 23-Nov-16 China Everbright Limited China 4,000
5 14-Nov-16 China Traditional Chinese Medicine Holdings China 2,500

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GlobalRMB Panda Bonds league table

Rank Arranger Share % by Volume
1 Bank of China (BOC) 18.01
2 Everbright Securities 16.95
3 Agricultural Bank of China (ABC) 10.59
4 HSBC 6.99
5 Industrial and Commercial Bank of China (ICBC) 6.36

Panda Bond Database

Pricing Date Issuer Country Size Rmb (m)
1 16-Mar-17 Rusal Russian Federation 1,000
2 14-Mar-17 Daimler Germany 3,000
3 24-Nov-16 Powerlong Real Estate Holdings China 3,500
4 23-Nov-16 China Everbright Limited China 4,000
5 14-Nov-16 China Traditional Chinese Medicine Holdings China 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 22-Feb-17 Ocean Wealth (Parent: China Orient Asset Management) China 850
2 28-Nov-16 Loncin Holdings China 800
3 04-Nov-16 China Nuclear Engineering Group China 1,500
4 25-Oct-16 ICBC Tokyo branch China 500
5 20-Oct-16 ICBC Sydney Branch China 1,200