Uridashi deals boom in the MTN market

SSA issuers are taking advantage of strong demand from Japanese retail investors in high yielding currencies to print a flurry of deals.

  • By Sharon Kits Kimathi
  • 25 May 2017
Supranational issuers have dominated the MTN market with Uridashi bonds this week. “This is the second month since Japan’s fiscal year started in April and people have more time to digest and see what’s in the pipeline before the summer starts — in short, it’s the right time,” ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Citi 15,385.63 18 9.46%
2 HSBC 13,772.74 20 8.47%
3 Barclays 12,759.91 17 7.84%
4 BNP Paribas 12,627.67 17 7.76%
5 UniCredit 10,414.96 14 6.40%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 36,685.24 92 12.17%
2 JPMorgan 33,155.51 90 11.00%
3 Bank of America Merrill Lynch 24,025.40 74 7.97%
4 HSBC 23,085.62 57 7.66%
5 Deutsche Bank 20,925.41 48 6.94%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 28,644.38 85 7.66%
2 HSBC 27,234.93 81 7.28%
3 BNP Paribas 26,644.13 51 7.13%
4 Goldman Sachs 25,879.41 68 6.92%
5 JPMorgan 25,780.28 74 6.89%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 69,261.32 239 7.55%
2 JPMorgan 67,929.72 401 7.40%
3 HSBC 58,695.84 218 6.40%
4 Bank of America Merrill Lynch 50,577.98 158 5.51%
5 Barclays 49,497.84 151 5.39%