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Chinese perps challenge international market

Chinese banks are expected to issue almost $21 billion in perpetual bonds this year. This will have a marked knock-on effect in the international capital markets.
March 22, 2019

Big Four Chinese banks to raise capital overseas

Total Loss Absorbing Capacity requirements are likely to cause China’s Big Four banks to issue billions of dollars of bonds overseas, and expand the non-bank institutional investor base for China’s domestic bond market.
November 09, 2018

Bank of China: a ‘covered bond’ in name only

It could have been a game-changer. Instead, Bank of China settled for a Frankenstein — a deal that was not quite a covered bond, but not quite a conventional bond either.
November 07, 2016