Bond Connect to use Tradeweb infrastructure

Tradeweb is working with Hong Kong Exchange (HKEX) to provide the infrastructure for Bond Connect, which will give foreign investors access to the Chinese interbank bond market, GlobalRMB has learned.

  • By Paolo Danese
  • 23 Jan 2017

Speculation about Bond Connect has been ongoing for over a year, with little detail on HKEX's plans so far.

Yet the scheme is set to launch this year, with HKEX pursuing the addition of exchange-listed bonds to its existing Stock Connect scheme, as well as offering CIBM connectivity ...

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GlobalRMB Panda Bonds league table

Rank Arranger Share % by Volume
1 Bank of China (BOC) 28.62
2 CITIC Securities 21.06
3 China CITIC Bank Corp 9.72
4 China Merchants Bank Co 9.18
5 Industrial and Commercial Bank of China (ICBC) 7.56

Panda Bond Database

Pricing Date Issuer Country Size Rmb (m)
1 12-Jan-18 Mitsubishi UFJ Financial Group (MUFG) Japan 1,000
2 12-Jan-18 Mizuho Bank Japan 300
3 10-Jan-18 Daimler Germany 3,000
4 22-Nov-17 Province of British Columbia Canada 1,000
5 15-Nov-17 Daimler Germany 4,000

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Rank Bookrunner Share % by Volume
1 Standard Chartered Bank 55.56
2 CLSA 22.22
2 Mitsubishi UFJ Financial Group (MUFG) 22.22

Latest Offshore RMB Bonds

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1 17-Jan-18 IL&FS Transportation Networks India 100
2 10-Jan-18 IL&FS Transportation Networks India 900
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4 30-Nov-17 Ministry of Finance of the People's Republic of China (MoF) China 7,000
5 15-Nov-17 Bank of China Paris Branch (BOC Paris) China 1,000