Renminbi bonds keep up pace with IFC and PCD Stores issues

The offshore renminbi market continued its rapid expansion this week, as borrowers from opposite ends of the credit spectrum — supranational lender International Finance Corp and mainland department store operator PCD Stores — sold their own deals and more issuers lined up to tap the market.

  • 27 Jan 2011
DCM bankers had predicted that 2011 would be the year of the renminbi, and just four weeks in, those predictions are already coming true. IFC, PCD Stores, Royal Bank of Scotland and Sinochem have all sold deals this year — and the development of a synthetic renminbi market ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 15,293.97 23 9.68%
2 Barclays 15,041.98 19 9.52%
3 Citi 12,831.69 22 8.12%
4 HSBC 11,347.34 16 7.18%
5 BNP Paribas 9,566.00 13 6.05%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 38,458.62 103 12.19%
2 JPMorgan 28,322.17 76 8.97%
3 HSBC 26,160.46 65 8.29%
4 Bank of America Merrill Lynch 25,855.13 74 8.19%
5 Goldman Sachs 21,942.20 50 6.95%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 34,785.31 89 8.33%
2 Barclays 31,331.38 59 7.50%
3 UniCredit 30,652.04 80 7.34%
4 HSBC 28,482.56 104 6.82%
5 BNP Paribas 26,256.57 63 6.29%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 75,189.63 423 7.08%
2 Citi 71,343.62 261 6.72%
3 HSBC 65,680.62 258 6.18%
4 Barclays 57,933.89 215 5.45%
5 Deutsche Bank 48,544.86 152 4.57%