Watch out for the petro-renminbi, say banks

A renminbi-denominated oil futures contract could launch in 2018, a move that may reshape the global commodities market, according to industry experts.

  • By Paolo Danese
  • 13 Dec 2017

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GlobalRMB Panda Bonds league table

Rank Arranger Share % by Volume
1 China Merchants Securities Co 20.87
2 Industrial and Commercial Bank of China (ICBC) 14.74
3 CITIC Securities 12.47
4 Agricultural Bank of China (ABC) 11.34
5 China CITIC Bank Corp 10.21

Panda Bond Database

Pricing Date Issuer Country Size Rmb (m)
1 19-Jul-18 Beijing Enterprises Water Group China 3,000
2 13-Jul-18 Global Logistic Properties Singapore 2,000
3 13-Jul-18 Hang Lung Properties Hong Kong 1,000
4 28-Jun-18 China Water Affairs Group China 200
5 26-Jun-18 Want Want China Holdings Taiwan 500

Offshore RMB Bond Top Bookrunners

Rank Bookrunner Share % by Volume
1 Standard Chartered Bank 33.47
2 HSBC 19.33
3 Societe Generale 4.75
4 Bank of Taiwan 4.07
4 Cathay United Bank 4.07

Latest Offshore RMB Bonds

Pricing Date Issuer Country Size Rmb (m)
1 21-Jun-18 Shimao Property Holdings China 1,200
2 19-Jun-18 Korea Development Bank (KDB) South Korea 1,750
3 07-Jun-18 Export-Import Bank of Korea (Kexim) South Korea 1,500
4 23-May-18 QNB Finance Qatar 600
5 16-May-18 First Abu Dhabi Bank PJSC United Arab Emirates 1,100