Capital Markets News, Data & Analysis

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  • DVB looks to defy German draft law with senior print

    DVB Bank opened books for its second senior deal of 2015 on Tuesday, surprising some bankers with its decision to issue so soon after a controversial German draft law that could change the face of the senior market.

    • 31 Mar 2015
  • CDP rewarded for defensive play

    Cassa Depositi e Prestiti tightened pricing on a bond by 10bp-15bp on Tuesday — but bankers on and off the deal said such a wide move was necessary given the market environment.

    • 31 Mar 2015
  • It’s grim up north, says Moody’s

    The UK’s much maligned north-south divide extends to the mortgage market, Moody’s has shown with a report that suggests northerners are twice as likely to become “mortgage prisoners” than borrowers in other regions.

    • 31 Mar 2015
  • Poland prints 12 year with record low coupon as QE takes effect

    Poland printed its new 12 year note with a 0.875% coupon on Monday, making a big saving on where it priced a 2024 at 3% last January.

    • 31 Mar 2015
  • Canada sets $9bn foreign currency target

    Canada has announced a foreign currency funding requirement of around $9bn for its 2015-2016 financial year, which begins on Wednesday.

    • 31 Mar 2015
  • Banks enjoy supply boost in callable zeros

    Supply of callable zero coupon notes has jumped in March and while banks have been on the receiving end of investor interest, a change in investors’ yield targets may be the cause.

    • 31 Mar 2015
  • NBK markets AT1 at high 5% area

    National Bank of Kuwait is marketing its first Basel III compliant additional tier one security at high 5% area. This is BNK’s first appearance in the international market since 2002.

    • 31 Mar 2015
  • Central banks cooperate in end of clearing house spat

    The Bank of England has signed a co-operation agreement with the European Central Bank to share clearing house information and boost currency swaps lines, after the ECB lost a court case to try to force euro trades to be cleared in the eurozone.

    • 30 Mar 2015

People and Markets

  • HK investment banking to see smaller salary rise in 2015: Morgan McKinley

    Bankers worried about another round of job cuts can breathe a sigh of relief as a report from recruitment firm Morgan McKinley shows headcount is stabilising in Hong Kong investment banking. But cost remains an issue so any salary increases are likely to be modest.

    • 30 Mar 2015
  • Lloyds: Running up the mid-market field

    Lloyds has made a virtue of necessity. With the UK government as a shareholder, and limited ambitions overseas, the bank was forced to define early exactly what sort of wholesale business it wanted.

    • 25 Mar 2015


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  • Kazakh borrowers should take opportunity to bring loans

    Kazakh borrowers are sitting on a great window to arrange loans if they need them, even if banks are playing tougher on price.

    • 31 Mar 2015
  • Due diligence now will pay after the ECB

    The spread between the weakest and strongest covered bonds is tighter than at any point in the last five years, thanks to the European Central Bank’s backstop bid. But just because the ECB is willing to buy anything and everything that qualifies as a covered bond, that doesn’t mean investors should.

    • 31 Mar 2015
  • Tax transfers are just half of the trade

    The latest figures from Germany show that the richest German states paid more than ever to their poorer compatriots last year, which will trouble politicians and voters. But Germany, and Europe in general should remember that transfers of money are only one leg of the trade.

    • 31 Mar 2015

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 30 Mar 2015
1 JPMorgan 105,442.07 372 8.55%
2 Barclays 98,821.87 294 8.01%
3 Citi 94,679.25 341 7.67%
4 Bank of America Merrill Lynch 81,280.08 298 6.59%
5 Deutsche Bank 79,152.51 312 6.42%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,208.06 19 10.79%
2 Deutsche Bank 8,438.15 31 6.89%
3 Credit Agricole CIB 8,383.31 33 6.85%
4 HSBC 6,485.32 35 5.30%
5 BNP Paribas 5,917.43 39 4.83%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UBS 10,847.73 25 13.00%
2 Goldman Sachs 9,654.38 23 11.57%
3 Bank of America Merrill Lynch 8,289.18 30 9.94%
4 Morgan Stanley 6,780.86 29 8.13%
5 Deutsche Bank 6,456.76 26 7.74%