GlobalCapital China's MoF Auction Tracker infographics cover the annual auctions of dim sum bonds by China's Ministry of Finance (MoF), providing analysis of institutional tranche sizes, tenors, demand and yields.

THE VANISHING AUCTION? MOF DOWNSIZES TO JUST RMB10BN IN 2018

The Chinese Ministry of Finance raised Rmb5bn on October 10, 2018, a tap to its first 2018 auction priced in July. The two offerings were split between tranches of two and five years. Read coverage of the latest auction here.



 

 

 

Panda Bonds league table

Rank Arranger Share % by Volume
1 Bank of China (BOC) 17.59
2 Industrial and Commercial Bank of China (ICBC) 14.82
3 China Merchants Bank Co 12.42
4 Agricultural Bank of China (ABC) 10.40
5 China Construction Bank (CCB) 9.39

Panda Bond Database

Pricing Date Issuer Country Size Rmb (m)
1 14-Jan-21 China Everbright Water China 1,000
2 16-Dec-20 Veolia Environnement SA France 1,500
3 04-Dec-20 Hengan International Group China 350
4 17-Nov-20 China Power International Development China 1,500
5 04-Nov-20 China Power International Development China 1,500

Offshore RMB Bond Top Bookrunners

Rank Bookrunner Share % by Volume
1 Standard Chartered Bank 25.00
2 ANZ 19.74
3 Credit Agricole 18.42
4 BNP Paribas 5.26
4 DBS 5.26

Latest Offshore RMB Bonds

Pricing Date Issuer Country Size Rmb (m)
1 14-Jan-21 Volkswagen International Finance Germany 500
2 11-Jan-21 First Abu Dhabi Bank PJSC United Arab Emirates 1,500
3 07-Jan-21 Bank of China (BOC) China 1,800
4 02-Dec-20 Volkswagen International Finance Germany 1,000
5 19-Nov-20 China Development Bank Corp China 6,500