Latest senior debt/covered bond news

  • Industrial Bank double dips in euros, dollars for green

    Industrial Bank Co’s Hong Kong branch has priced a dual-currency green bond, offering a pick-up of around 10bp over recent prints from China’s big four lenders.

    • 14 Nov 2018
  • BOC sells landmark Greater Bay Area bond

    Bank of China was at the forefront of the Mainland’s policy-related transactions this week, selling a five tranche, four currency deal under a Greater Bay Area label.

    • 14 Nov 2018
  • Créd Ag follows BNPP into Euroyen format

    Crédit Agricole was marketing five tranches of Euroyen bonds this week, following a very popular offering in the format from BNP Paribas earlier this year.

    • 13 Nov 2018
  • Founder Securities HK juggles bookrunners in new deal

    The Hong Kong arm of China’s Founder Securities priced a small two year bond on Friday, in a deal that saw the syndicate group rejigged significantly since the mandate announcement in mid-October.

    • 12 Nov 2018
  • DBS to hit dollar covered bonds after three year hiatus

    DBS Bank is planning a roadshow ahead of its first dollar covered bond in over three years, and the first from a Singaporean bank since February 2017. The expected deal follows two large Canadian benchmarks and shows that dollar covered bond funding is becoming more compelling than euros.

    • 09 Nov 2018
  • CDB Aviation joins Chinese leasing peers for bond

    China Development Bank Financial Leasing Co (CDB Leasing) raised $400m through its aviation leasing arm on Thursday, paying around 10bp of new issue premium for a three year floating rate note.

    • 09 Nov 2018
  • Singapore’s Clifford Capital reels in $300m

    Clifford Capital has netted $300m from its third debt outing of the year. Despite the Singapore firm’s frequency in 2018, it still managed to attract investors due to its rarity factor.

    • 09 Nov 2018
  • UBS pivots to Pro-Bond for TLAC paper

    UBS tapped the Tokyo Pro-Bond market this week to raise ¥150bn ($1.33bn) of funding for its total loss absorbing capacity, at a time of little volume in the FIG euro market.

    • 02 Nov 2018
  • Covered bonds offer SMBC a ‘new level of stability’

    Stability of foreign currency funding is a priority for Sumitomo Mitsui Banking Corporation and covered bonds provide a new level of balance in this regard, according to the bank’s head of treasury. Since other borrowers in Japan are sure to be thinking along the same lines, the market for Japan's covered bond is likely to have tremendous scope for growth.

    • 01 Nov 2018
  • Mirae brings Korean brokerages into offshore bonds

    Mirae Asset Daewoo Co became the first securities firm from South Korea to tap the international bond market this week, when it issued $300m on Wednesday.

    • 01 Nov 2018

Senior debt/Covered bonds news achive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 China Merchants Securities Co 16.70
2 Industrial and Commercial Bank of China (ICBC) 14.38
3 CITIC Securities 10.44
4 Agricultural Bank of China (ABC) 9.08
5 China CITIC Bank Corp 8.17

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 16,522.26 78 7.58%
2 Morgan Stanley 14,119.84 65 6.48%
3 Citi 14,051.62 90 6.44%
4 UBS 12,377.19 76 5.68%
5 China International Capital Corp Ltd 10,849.77 43 4.98%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 22,501.46 195 7.41%
2 Citi 22,176.06 147 7.30%
3 JPMorgan 14,738.77 90 4.85%
4 Bank of America Merrill Lynch 12,958.17 82 4.27%
5 Goldman Sachs 11,835.27 58 3.90%

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.