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) 19.21
2 China Merchants Bank Co 12.60
3 China Construction Bank (CCB) 10.26
4 Industrial and Commercial Bank of China (ICBC) 9.99
5 Agricultural Bank of China (ABC) 9.30

Panda Bond Database

Pricing Date Issuer Country Size Rmb (m)
1 11-Sep-20 China Traditional Chinese Medicine Holdings China 1,000
2 10-Sep-20 Credit Agricole France 1,000
3 21-Aug-20 Anta Sports Products China 1,000
4 14-Aug-20 Yuexiu Transport Infrastructure China 500
5 04-Aug-20 Everbright Water China 1,000

Offshore RMB Bond Top Bookrunners

Rank Bookrunner Share % by Volume
1 Standard Chartered Bank 29.11
2 Credit Agricole 11.15
3 Bank of China (BOC) 10.05
4 ANZ 7.63
5 Bank of Communications (BOCOM) 7.32

Latest Offshore RMB Bonds

Pricing Date Issuer Country Size Rmb (m)
1 14-Sep-20 Bank of China Macau Branch (BOC Macau) China 3,000
2 20-Aug-20 QNB Finance Qatar 750
3 12-Aug-20 CIFI Holdings China 1,200
4 06-Aug-20 BMW Finance NV The Netherlands 500
5 04-Aug-20 Agricultural Development Bank of China (ADBC) China 4,300