Latest sovereigns/sub-sovereigns news

  • Hong Kong green body eyes GBA boost

    China’s Greater Bay Area has become a focus area for bankers, corporations and regulators. Ma Jun, one of China’s most prominent experts on green financing, thinks it could also become a green hub.

    • 17 Oct 2019
  • Vietnam at risk of losing Ba3 rating from Moody’s

    Moody’s is considering downgrading its Ba3 rating on the Government of Vietnam, in light of an alleged delay in payments on an obligation.

    • 10 Oct 2019
  • Study: Painful ‘haircuts’ lead to lower debt

    Crisis-hit countries that go through a painful debt restructuring programme as part of a bailout enjoy much steeper cuts in their medium-term debt, according to an independent analysis of International Monetary Fund rescue programmes.

    • 03 Oct 2019
  • BoJ’s Kuroda will be called to open box of tricks once more

    An increase in the consumption tax rate will hit Japan’s economy, analysts warn. Alongside a strong yen and global growth fears, this is likely to push the Bank of Japan into further easing measures. With banks creaking under the strain of low rates, Japan’s central bank, under governor Haruhiko Kuroda, will have to concoct a delicate mix of stimuli. Reported by Jasper Cox, ahead of the Bank of Japan’s September meeting

    • 30 Sep 2019
  • Kazakhstan EUR500m 0.6% Sep 26, EUR650m 1.5% Sep 24

    • 26 Sep 2019
  • Kazakhstan crunches guidance but debate flares over NIP on offer

    The Republic of Kazakhstan has impressively tightened initial price thoughts for a euro dual tranche seven and 15 year bond, but rivals are saying that the issuer started very wide. Bankers on the deal disagree.

    • 25 Sep 2019
  • Kommuninvest kicks off busy dollar week

    Kommuninvest kicked off the dollar market this week with a $1.25bn blowout, despite it being at record tight levels over Treasuries, according to a banker on the deal. Following on from Kommuninvest’s deal, a wide range of SSAs look to print across the curve, including rare issuer IDB Invest with its five year dollar bond debut.

    • 24 Sep 2019
  • Sovereign pair offer first autumn CEEMEA euro deals

    The Republic of Kazakhstan and the State of Montenegro have mandated for the first euro bonds from the CEEMEA region since the market re-opened in September.

    • 19 Sep 2019
  • Armenia returns for first bond in four years with pricey 10 year

    Armenia is in the market for its first sovereign Eurobond in four years, hitting screens with a 10 year $500m no-grow.

    • 19 Sep 2019
  • Russia eyes 2019 renminbi debut as it snubs dollars

    After several years of rumours and speculation, Russia’s long nurtured plans to issue renminbi government bonds will come to fruition in this year or in early 2020. The country will not borrow in dollars, but may borrow in euros and yuan, writes Lewis McLellan.

    • 12 Sep 2019

Sovereigns/Sub-sovereigns news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 27.09
2 Industrial and Commercial Bank of China (ICBC) 12.86
3 China Merchants Bank Co 11.85
4 China Merchants Securities Co 9.09
5 Agricultural Bank of China (ABC) 5.51

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $b No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 11.56 53 6.98%
2 CITIC Securities 11.15 64 6.74%
3 China International Capital Corp Ltd 9.66 56 5.83%
4 UBS 9.66 73 5.83%
5 Morgan Stanley 9.43 59 5.70%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $b No of issues Share %
  • Last updated
  • Today
1 HSBC 29.40 258 8.37%
2 Citi 23.83 167 6.79%
3 JPMorgan 16.38 120 4.66%
4 Standard Chartered Bank 16.13 163 4.59%
5 Bank of America Merrill Lynch 12.50 94 3.56%

Asian polls & awards

  • Finance Minister of the Year, CEE

    Djamshid Kuchkarov, Uzbekistan

  • GlobalCapital China Capital Market Awards 2019: open for submissions

    GlobalCapital China is pleased to invite you to participate in the GlobalCapital China Capital Market Awards 2019. Inaugurated last year under the GlobalRMB banner, the awards celebrate the accomplishments of the leading players in the renminbi debt capital markets, onshore and offshore, as well as key service providers.

  • Last chance! GlobalCapital Asia Capital Market Awards 2019

    GlobalCapital Asia is pleased to invite pitches for our annual capital markets and investment banking awards, which reward the most impressive transactions and investment banks of 2019.

  • GlobalCapital reveals SRI Award nominations

    GlobalCapital has published the nominations for its Sustainable and Responsible Capital Markets Awards. The winners will be announced on September 17, at our Awards Ceremony in Amsterdam.

  • GlobalCapital SRI Awards: poll extended

    In response to requests from market participants, GlobalCapital has extended the closing date of its poll to determine the 2019 winners of its Sustainable and Responsible Capital Markets Awards. Market participants can now vote until July 26.