Latest corporate local currency bond news

  • Shandong Gold mines bank support for large print

    Chinese state-owned enterprise (SOE) Shandong Gold Group Co achieved size with its three year outing on Monday, raising $600m. Another government-linked entity in the province, Weifang Urban Construction and Development Investment Group Co, debuted in the offshore market with a $250m trade.

    • 16 Oct 2018
  • Asia’s bond market has lost the rulebook

    Volatility in Asian dollar bonds has put the focus on marketing tactics deployed by banks, and in particular some Chinese securities houses, to win over investors — tactics that are distorting price discovery and putting pressure on the secondary market. Are standards falling in the region? Rashmi Kumar finds out.

    • 08 Oct 2018
  • LSE, NSE join forces for Masala bonds dual listing

    The London Stock Exchange Group (LSE) and the National Stock Exchange of India (NSE) have signed a memorandum of understanding to work together to create a dual-listing route for Masala bonds in the hopes of giving a fillip to the asset class.

    • 24 Sep 2018
  • Cifi cooks up Rmb1bn debut dim sum

    Cifi Holdings (Group) Co raised Rmb1bn ($145.7m) on Thursday from its maiden offshore renminbi bond.

    • 14 Sep 2018
  • Issuers storm market despite weak backdrop

    A number of bond issuers ventured out to the debt market on Wednesday, braving a weak market backdrop to pull off deals not just in US dollars, but also in Singapore dollars and offshore renminbi.

    • 06 Sep 2018
  • Middle East warms up dim sum market

    First Abu Dhabi Bank (FAB) returned to the offshore renminbi bond market on Monday with its third issuance in the currency this year.

    • 04 Sep 2018
  • Aoyuan returns for last of bond quota

    China Aoyuan Property Group was back in the offshore market on Wednesday for the fourth time in as many months, using a dual-currency transaction to settle the last $300m of its fundraising quota.

    • 30 Aug 2018
  • Bond ‘floodgates are ready to open’

    Signs of a revival in primary bond market activity were evident on Tuesday when four Asian issuers ventured out for new dollar transactions, setting the stage for what is set to be a busy September.

    • 28 Aug 2018
  • Singapore dollar bond market prepares for revival

    Singapore dollar issuance has been moving at a snail’s pace over the past few months as nervous investors opt to keep their hands in their pockets. But a generous slew of upcoming redemptions may change that.

    • 18 Jul 2018
  • Japan’s bond investors shake things up

    Japanese investors’ desperation to boost their yields is helping them shed an ultra-conservative image that has long defined them. The move is overdue but as more international borrowers turn to the yen markets for funding, the increasing flexibility of the buy-side is helping to usher in new structures and international standards. Rashmi Kumar reports.

    • 07 May 2018

Corporate local currency bond news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 China Merchants Securities Co 17.33
2 Industrial and Commercial Bank of China (ICBC) 14.45
3 CITIC Securities 10.36
4 Agricultural Bank of China (ABC) 9.42
5 China CITIC Bank Corp 8.48

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 15,658.50 72 7.61%
2 Morgan Stanley 13,921.33 63 6.77%
3 Citi 13,640.97 88 6.63%
4 UBS 10,915.56 69 5.31%
5 China International Capital Corp Ltd 10,581.88 41 5.15%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 21,505.44 181 7.68%
2 Citi 20,709.67 133 7.40%
3 JPMorgan 13,802.40 85 4.93%
4 Bank of America Merrill Lynch 12,328.25 77 4.40%
5 Goldman Sachs 11,208.75 54 4.00%

Asian polls & awards

  • GlobalRMB awards: Most impressive issuers, best law firm

    In this third part of the GlobalRMB awards, we present our reasons for choosing the best issuers in the FIG, corporate and SSA categories — and praise the strong performance of one well-known foreign law firm.

  • GlobalRMB awards: Person of the year, most impressive innovation

    In the final article on our GlobalRMB awards, we talk about the key innovation of the year and highlight the individual that has made the greatest contribution to the development of China’s cross-border capital markets.

  • GlobalRMB awards: Best bank for securities services

    Securities services was one of the most competitive award categories GlobalRMB had to decide this year. Our awards criteria demanded the near-impossible from participating banks: to beat the competition in the fast-changing China access scheme, while at the same time demonstrating a broad client base and the ability to be at the cutting edge of innovation.

  • GlobalRMB awards: Best for ABS, CNH, G3 and Panda bonds

    In GlobalRMB's Best Bank Awards for China DCM, Standard Chartered wins for ABS and CNH, HSBC takes home the G3 Bond House Award, and Bank of China gets kudos as the Best House for Panda bond issuers.

  • Now open! GlobalCapital Asia Capital Market Awards 2018

    GlobalCapital Asia is pleased to invite pitches for our annual capital markets and investment banking awards, rewarding the most impressive transactions and investment banks of 2018.