China Development Bank top stories

News dashboard

  • CDBL scores tight price for $700m bond

    China Development Bank Financial Leasing Co (CDBL) has raised $700m from the bond market, leaning on anchor orders to squeeze a tight final price.

    • 05 Mar 2019
  • CDB lights up HK dollar market with rare triple-trancher

    China Development Bank has made a rare visit to the public Hong Kong dollar bond market, raising HK$4.3bn ($548m) from a triple-tranche floating rate transaction that included a 10 times covered decade-long note.

    • 18 Jan 2019
  • HK Airlines faces doubts over servicing looming maturity

    Hong Kong Airlines is set to provide the year’s first test case of the strength of the Asian debt market as investors lose faith in the carrier’s ability to repay a $550m bond due in just over two weeks.

    • 07 Jan 2019
  • CDB keeps market engaged with dual-currency outing

    Policy lender China Development Bank printed a dual-currency, three-tranche transaction on Tuesday, raising $2.4bn-equivalent. While it paid just a couple of basis points of new issue premium for the dollar bonds amid a short-lived market rally, demand for the euro portion exceeded expectations.

    • 05 Dec 2018
  • Beijing Enterprises Clean Energy to issue its first green Panda

    Government-backed energy firm Beijing Enterprises Clean Energy (BECE) is marketing its first Panda, a Rmb1.2bn ($173m) renewable corporate bond, as a green bond.

    • 22 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
  • Shenzhen International dreams bigger with second Panda

    Shenzhen International Holdings is set to issue its second Panda bond, seeking an ambitious Rmb4.7bn ($678m). Regular issuer GLP is also planning a comeback.

    • 08 Nov 2018
  • Demand for Chinese floating notes wanes

    Lukewarm demand for recent floating rate notes, and their underperformance in the secondary market, has raised a key question for Asian issuers: are investors falling out of love with dollar floaters? Morgan Davis finds out.

    • 12 Jul 2018
  • Heavy bond supply proves costly for CDB Leasing

    China Development Bank Financial Leasing Co (CDB Leasing) sealed an opportunistic $100m tap on Monday. But like other borrowers that came to the market on the same day, paying a new issue premium was inevitable because of a weak backdrop and heavy expected supply.

    • 06 Mar 2018
  • BC seals Panda return despite tougher market

    The Province of British Columbia (BC) completed its second Panda bond on Wednesday, raising Rmb1bn ($150.9m) from a three year deal. The issuer went ahead with the deal despite rising yields in China – pushing the coupon to the top half of the guidance range.

    • 23 Nov 2017

China Development Bank Corp In The Key League Tables

Asset Rank STLY Amount $m No of issues Share % STLY Share %
  • Last updated
  • 23 Apr 2019
Bookrunners of China Domestic DCM 17 9 4,831.06 41 2.21% 3.36%

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 135,414.03 562 8.27%
2 Citi 128,055.36 503 7.82%
3 Bank of America Merrill Lynch 106,567.48 424 6.50%
4 Barclays 102,724.49 401 6.27%
5 Deutsche Bank 83,239.76 333 5.08%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 11,525.35 30 6.99%
2 UniCredit 8,872.38 48 5.38%
3 BNP Paribas 8,684.90 48 5.27%
4 Deutsche Bank 8,298.69 30 5.04%
5 Commerzbank Group 8,007.20 41 4.86%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 4,430.39 19 11.07%
2 Goldman Sachs 4,006.06 15 10.01%
3 Citi 3,572.77 22 8.93%
4 JPMorgan 2,809.08 19 7.02%
5 UBS 2,281.21 12 5.70%