Sources: GlobalRMB, Bank of England, Bundesbank, CBC, CEIC, City of London Corp, HKMA, Luxembourg for Finance, Monetary Authority of Macao, Monetary Authority of Singapore, Reserve Bank of Australia. Last updated August 1, 2018.

GlobalRMB Panda Bonds league table

Rank Arranger Share % by Volume
1 China Merchants Securities Co 14.44
2 Industrial and Commercial Bank of China (ICBC) 11.65
3 Bank of China (BOC) 10.33
4 CITIC Securities 8.41
5 Agricultural Bank of China (ABC) 7.17

Panda Bond Database

Pricing Date Issuer Country Size Rmb (m)
1 10-Jan-19 Beijing Enterprises Water Group China 2,000
2 18-Dec-18 Bank of China Group Investment China 2,000
3 17-Dec-18 Hungary Hungary 2,000
4 06-Dec-18 China Gas Holdings China 1,300
5 27-Nov-18 Daimler Germany 4,000

Offshore RMB Bond Top Bookrunners

Rank Bookrunner Share % by Volume
1 Standard Chartered Bank 30.97
2 HSBC 18.82
3 Societe Generale 3.85
4 Bank of China (BOC) 3.68
5 Bank of Taiwan 3.30

Latest Offshore RMB Bonds

Pricing Date Issuer Country Size Rmb (m)
1 03-Dec-18 Huzhou Communications Investment Group China 500
2 22-Nov-18 Bank of China Tokyo Branch (BOC Tokyo) China 800
3 15-Nov-18 RusHydro Russian Federation 1,500
4 13-Nov-18 Bank of China (Hong Kong) (BOCHK) China 1,000
5 19-Sep-18 Agricultural Development Bank of China (ADBC) China 1,200