Yen

Bank of China International, DBS and HSBC are managing the five year deal, and had declared pricing of 290bp over Treasuries by the time EuroWeek Asia went to press, although they were still working out the size of the transaction.

China Resources Power is planning to sell its first Hong Kong renminbi issue, turning to the offshore bond market only months after raising $500m from a dollar bond issue. The issuer has mandated Goldman Sachs on the deal — giving the US bank its first Hong Kong renminbi mandate.