Latest ABS news

  • Wake-up call for investors in human rights laggards like Heinz and Starbucks

    Investors need to use their voices, especially by voting at AGMs, to improve the poor performance of many companies on protecting human rights, according to supporters gathered in London on Monday for the launch of the second annual results of the Corporate Human Rights Benchmark.

    • 14 Nov 2018
  • Dongfeng-Nissan kicks off its fourth ABS this year

    Regular issuer Dongfeng-Nissan Auto Finance will open books for a Rmb4.43bn ($639.6m) auto loan securitization on Thursday.

    • 06 Nov 2018
  • Cyber bond splurge could remain stuck in the ether

    Recent developments may help push the risk of cyber attacks onto the capital markets through catastrophe bonds and other insurance-linked securities (ILS). But investors are likely to be wary about taking on too much exposure.

    • 30 Oct 2018
  • South Korean bond issuers take charge amid volatility

    South Korean bond issuers have defied a volatile market over the past week or so, selling $2.5bn of offshore bonds and giving a rare bit of good news for debt bankers — who admit they are nervous about the future. Addison Gong reports.

    • 25 Oct 2018
  • KAL returns to ticket receivables ABS

    Korean Air Lines (KAL) closed a $350m secured deal on Tuesday backed by future ticket sales between the US and South Korea, executing the drive-by trade using a credit facility from Shinhan Bank.

    • 24 Oct 2018
  • England expects — but how much?

    The Bank of England will steer banks and insurers to think seriously about climate change. This is great news in itself. But what will count is how far the Bank is willing to push them.

    • 16 Oct 2018
  • Disaster wake-up call: Indonesia sets the stage for cat bonds

    The terrible earthquake and tsunami that hit Indonesia’s Sulawesi island last month has served as a wake-up call for the country’s Ministry of Finance, which is now looking at issuing catastrophe bonds.

    • 12 Oct 2018
  • ABS: Foreign names seek deals in comfort zone

    Supply of asset-backed securities (ABS) is growing in China. But most international banks, investors and originators are sticking to the segment of the market they know best — auto loan ABS. To get these foreign players out of their comfort zone, China needs to introduce more diversity in the market, bankers say. Noah Sin reports.

    • 08 Oct 2018
  • Hopes of order in chaotic thinking on impact

    As environmental and social “impact” becomes a ubiquitous buzzword in financial markets, the risk of muddle and conflict over what it means has intensified, even giving rise to the term “impact washing”. But efforts to shed light and bring harmony are advancing rapidly, with three major contributions in the space of three weeks.

    • 04 Oct 2018
  • TCFD adherence grows as Moody’s points to climate risks

    Progress was announced this week on two drives to assess the risk of climate change to businesses. The Task Force on Climate-related Financial Disclosures (TCFD) now has 513 supporters; and Moody’s has updated its environmental risk heat map, showing that 11 sectors with $2.2tr of debt have elevated risk.

    • 27 Sep 2018

ABS news archive

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 7.52%
2 Morgan Stanley 14,160.31 66 6.45%
3 Citi 14,074.12 91 6.41%
4 UBS 12,552.50 77 5.72%
5 China International Capital Corp Ltd 11,025.08 44 5.02%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 22,776.11 197 7.46%
2 Citi 22,317.38 148 7.31%
3 JPMorgan 14,738.77 90 4.83%
4 Bank of America Merrill Lynch 13,099.48 83 4.29%
5 BNP Paribas 11,893.43 89 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.