CMBI makes inroads in Asia’s debt capital market

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By Morgan Davis
21 Jun 2018

CMB International Capital Corp is slowly but steadily gaining ground in Asia’s bond market with a new — and fast growing — debt capital markets team in place. But what will it take for CMBI to be a real competitor to both international and other Chinese firms? Morgan Davis finds out.

A wholly-owned unit of China Merchants Bank, CMBI’s story is still one of an underdog when it comes to the debt market. Last year, CMB had league table credits for $3.3bn of G3 currency bonds in Asia ex-Japan through 40 transactions, giving it the 31st position on the bookrunner league table, shows Dealogic. In 2016, it ranked number 25, ...

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