South Korea

In this round-up, South Korean RMB deposits fell in May, China's RMB denominated trade settlement also fell, SIX Swiss Exchange signed an MoU with Shanghai Stock Exchange, and the London Stock Exchange signed an agreement with Haitong Securities to co-operate on launching RMB-denominated ETFs in London.

In this round-up, Hong Kong deposits rose in April, but cross-border RMB trade settlement fell, Macau announced its March deposit figures, ICBC opened two new offshore branches in Montreal and Riyadh, RMB clearing in South Korea has reached a daily average of Rmb25bn, and Japanese bank MUFG helped Brazilian clients settle trade with China in RMB.

Five months after South Korea saw its first locally issued and listed renminbi-denominated bond, HNA Group (International) Company (HNA International) has become the first corporate issuer in that market.

Korea Gas Corp (Kogas) received overwhelming demand for its $500m 10 year bond on February 6, capitalising on improved market sentiment and a successful deal from Korea Midland Power the day before to secure a $4bn order book and price inside its curve.

Korea Gas Corp (Kogas) received overwhelming demand for its US$500 million 10-year bond on Thursday, capitalising on improved market sentiment and a successful deal from Korea Midland Power the day before to secure a US$4 billion orderbook and price inside its curve.

Korea Gas Corp (Kogas) received overwhelming demand for its $500m 10 year bond on Thursday, capitalising on improved market sentiment and a successful deal from Korea Midland Power the day before to secure a $4bn orderbook and price inside its curve.