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China's MoF plans to issue 10-year+ dim sum

May 24, 2012  


From Anita Davis

China is planning to issue a sovereign bond this summer, which will lead a trend for longer-dated and hybrid dim sum debt, says Barclays.

Longer-dated bonds or notes with tenors longer than 10 years will become more prevalent in the offshore renminbi, or CNH, bond market this year, with the Ministry of Finance said to be preparing the issue of a bond of longer...


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SOUTHEAST ASIA DCM

Rank Bookrunner Parents Deal Value $ (Proceeds) (m) No. %share 2012 YTD Rank
1 Standard Chartered Bank 3,991 32 8.9 2
2 HSBC 3,710 35 8.3 4
3 Goldman Sachs 3,333 2 7.4 12
4 Deutsche Bank 2,895 14 6.4 8
5 Citi 2,774 9 6.2 5
6 JPMorgan 2,288 7 5.1 3
7 DBS 2,106 25 4.7 1
8 Siam Commercial Bank 1,835 16 4.1 21
9 Barclays 1,586 3 3.5 9
10 CIMB Group 1,523 27 3.4 13
Subtotal 26,040 123 57.9
Total 44,958 212 100.0



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