Greater China
-
Agricultural Bank of China (ABC) and China Construction Bank (CCB) launched three year dim sum deals on Tuesday, taking very different approaches to marketing and how to target investors — but ending up with exactly the same result.
-
Delays to the establishment of Taiwan’s renminbi clearing bank are more down to pride and turf wars than administrative problems and should act as a cautionary tale to other offshore renminbi wannabes.
-
Top 3 Offshore RMB DCM Transactions - 2012 YTD
-
The offshore renminbi (CNH) market needs a single pricing benchmark to further product development but rate convergence shows capital liberalisation has begun, says ANZ. -
China will allow the new development zone to free movement of capital to Hong Kong and the rest of the world but will restrict flows with the rest of the mainland in a sign the country remain cautious about opening up its capital account.
-
Goldman Sachs returned to the Australian dollar market on Tuesday after an eighteen month absence, bringing a A$600m ($622.89m) dual tranche fixed and floating rate Kangaroo bond. While bankers on the trade were pleased with the level of granularity in the orderbook, others said the deal suffered from comparison to a similar deal brought by JP Morgan last month.
-
The offshore renminbi bond market leapt back to life last week after a recent lull, and manufacturers Caterpillar and Volvo topped off the week by drawing a combined Rmb5.4bn ($897.4m) of demand for their bonds.
-
Top 3 Offshore RMB DCM Transactions - 2012 YTD
