Asian bond market gears up for last-minute push despite volatility

After another volatile week, during which primary issuance went from hero to zero and the secondary market tumbled, Asian bond bankers are preparing for what they hope will be a busy last few weeks of the year — possibly until the very last working day of 2018, writes Addison Gong.

  • By Addison Gong
  • 22 Nov 2018
It was yet another roller-coaster week for Asia’s primary bond market. Seven issuers managed to price dollar and euro bonds on Monday, but that window proved to be extremely short-lived. The market was entirely shut on Tuesday, and on Wednesday just one deal was priced. As GlobalCapital Asia ...

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Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 23.56
2 Industrial and Commercial Bank of China (ICBC) 16.09
3 China Merchants Securities Co 11.38
4 Agricultural Bank of China (ABC) 6.90
5 HSBC 5.75

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 CITIC Securities 10,473.46 57 7.30%
2 Goldman Sachs 10,466.14 46 7.30%
3 UBS 8,351.15 61 5.82%
4 Morgan Stanley 8,168.31 54 5.69%
5 China International Capital Corp Ltd 7,763.29 49 5.41%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 26,241.68 231 8.40%
2 Citi 20,661.93 146 6.61%
3 JPMorgan 15,433.82 108 4.94%
4 Standard Chartered Bank 14,190.58 144 4.54%
5 Morgan Stanley 11,315.38 77 3.62%

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