-
China’s commercial banks flock to tier two
Chinese commercial banks’ rush to sell tier two bonds has begun. These banks look set to sell more subordinated debt this week than they did in the whole first quarter of 2018.
-
Chinese commercial banks rush to replenish capital
Chinese banks will sell at least Rmb240bn ($36bn) of tier two bonds in March, launching what bankers think will be a wall of supply.
-
The week in renminbi: Abe’s visit harvests agreements with China, HKMA renews nine offshore PLP licenses, Singapore takes steps to make infrastructure bankable
China and Japan confirm details of currency swaps and plans to invest more in third party markets, the Hong Kong Monetary Authority (HKMA) renews the license of nine authorised institutions as Primary Liquidity Providers (PLPs) for the CNH market in Hong Kong and Singapore sets up new government agency to bridge the funding gap facing Asia’s infrastructure projects.
-
Updated: Sharjah lines up first Panda from Middle East
The government of the Emirate of Sharjah is set to become the first issuer from the Middle East to enter the Panda market, after unveiling plans to raise Rmb2bn ($315.9m) from the onshore market.
-
Panda disaster: Country Garden bottles onshore bond comeback
Chinese property developer Country Garden Holdings was forced to pull a Rmb1.8bn ($281.2m) three year Panda bond this week after investors demanded a better return amid rising volatility, writes Noah Sin.
Latest market news
-
Huaneng navigates geopolitical concerns, UST rise for $1bn
State-owned electricity generator China Huaneng Group Co priced a dual-tranche $1bn bond on Tuesday, overcoming complications emerging from rising US Treasury rates and geopolitical concerns.
-
Chinese banks battle for investor attention
Agricultural Bank of China and Shanghai Pudong Development Bank Co competed for investor orders on Monday. ABC, the bigger of the two and offering a green bond to the market, got more attention, while SPDB faced an uphill battle.
-
Greater China issuers ride on strong liquidity to push out bonds
Issuers from Greater China flooded the market with dollar deals on Tuesday, capitalising on strong appetite from investors ready to put money to work in the new year.
-
China’s Beijing Construction, CPI Ronghe close loans
Two Chinese borrowers, Beijing Construction Engineering Group and CPI Ronghe Financial Leasing, have closed syndication for their loans.
-
CPI Ronghe closes $250m deal with six banks
CPI Ronghe Financial Leasing, a subsidiary of Chinese state-owned State Power Investment Corp, has increased its loan size to $250m.
Agricultural Bank of China Ltd In The Key League Tables
Asset | Rank | STLY | Amount $bn | No of issues | Share % | STLY Share % |
---|---|---|---|---|---|---|
|
||||||
Want full access to GlobalCapital?
If you are new to GlobalCapital or you already subscribe to some of our channels you can still easily extend your access.
Take a trial to the entire site or subscribe online to see all our capital markets news, opinion and data sets.
Don't miss out!
Free trialLatest Issue
Read the magazine on your mobile device
Bank Profiles
Latest news by market and league table performance
Bond Comments
-
Land NRW EUR1.5bn 0.2% Jan 51
-
UK GBP6.5bn 0.875% Jan 46
-
Cades GBP1.5bn 0.125% Dec 25 social bond
-
France EUR7bn 0.5% May 72
-
NWB EUR500m 0% Feb 37
-
EIB EUR1bn FRN Jan 28
-
AIIB USD3bn 0.5% Jan 26 sustainable development bond
-
Banque Fédérative du Crédit Mutuel GBP400m 0.875% Dec 27
-
Erste Group Bank EUR500m 0.25% Jan 31
-
SNCF SA EUR1.5bn 1% Jan 61
-
Spain EUR10bn 0.1% Apr 31
-
CEB EUR1bn 0% Jan 31
-
World Bank EUR2bn 0.2% Jan 61
-
NIB USD1.25bn 0.5% Jan 26
-
EFSF EUR3bn 0% Jan 31, EFSF EUR2bn 0.05% Jan 52
All International Bonds
Rank | Lead Manager | Amount $bn | No of issues | Share % |
---|---|---|---|---|
1 | JPMorgan | 28.16 | 118 | 8.09% |
2 | Citi | 27.35 | 87 | 7.86% |
3 | BofA Securities | 20.32 | 74 | 5.84% |
4 | BNP Paribas | 19.76 | 67 | 5.68% |
5 | HSBC | 19.56 | 72 | 5.62% |
Bookrunners of All Syndicated Loans EMEA
Rank | Lead Manager | Amount $bn | No of issues | Share % |
---|---|---|---|---|
1 | BNP Paribas | 60.87 | 123 | 14.06% |
2 | Credit Agricole CIB | 28.59 | 93 | 6.60% |
3 | Santander | 25.41 | 90 | 5.87% |
4 | JPMorgan | 23.88 | 61 | 5.52% |
5 | UniCredit | 21.51 | 103 | 4.97% |
Bookrunners of all EMEA ECM Issuance
Rank | Lead Manager | Amount $bn | No of issues | Share % |
---|---|---|---|---|
1 | Goldman Sachs | 1.14 | 7 | 10.33% |
2 | Morgan Stanley | 1.07 | 5 | 9.71% |
3 | BofA Securities | 0.89 | 3 | 8.14% |
4 | Credit Suisse | 0.83 | 5 | 7.51% |
5 | JPMorgan | 0.68 | 5 | 6.21% |