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The deal exposes the risks associated with the high yield securities and is likely to make bank borrowing through bonds more expensive in the short term.

The return of this flagship monthly FA feature sees the editorial team highlight noteworthy capital market transactions from the past six months.

Bank of Communications' new offshore issue follows updated guidelines from country’s regulator and could pave the way for similar issuance from other domestic banks.

The Shenzhen-based lender manages to sell an aggressively-priced $1 billion deal to investors, even as a surge in lending worries regulators.

China’s biggest and best known banks have issued a stream of additional tier one bonds over the last two years. Now, it is time for the smaller players to have their turn.

China Cinda Asset Management topped up its capital with a $3.2 billion alternative tier one bond, generating blow-out demand despite an aggressive approach.

BEA tier-1 capital bond saves bank from a deteriorating capital base built on outdated standards.