Asian investors swoop in for BTMU bonds

Bank of Tokyo-Mitsubishi UFJ’s four-tranche bond on Tuesday attracted $10bn in orders, proving that highly-rated issuers that are willing to pay decent premiums will be rewarded by investors even during choppy markets.

  • By Frances J. Yoon
  • 04 Sep 2013

The massive amount of orders helped the Japanese bank tighten final pricing by as much as 15bp from initial price thoughts for the three fixed rate tranches and one floating rate tranche.

The $650m three year fixed rate tranche tightened final pricing to 80bp from the 90bp area, ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 10,366.35 53 6.12%
2 UniCredit 8,379.23 66 4.94%
3 BNP Paribas 7,918.03 38 4.67%
4 LBBW 7,715.16 44 4.55%
5 Commerzbank Group 7,314.58 47 4.32%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 96,135.23 376 7.37%
2 Citi 84,377.63 495 6.47%
3 Bank of America Merrill Lynch 83,137.98 327 6.37%
4 Goldman Sachs 80,248.79 441 6.15%
5 JPMorgan 75,640.26 362 5.80%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 72,404.41 381 11.11%
2 Bank of America Merrill Lynch 66,776.05 274 10.24%
3 Morgan Stanley 64,793.39 267 9.94%
4 JPMorgan 62,634.86 274 9.61%
5 Goldman Sachs 56,891.64 364 8.73%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 SG Corporate & Investment Banking 5,543.24 22 6.98%
2 LBBW 5,487.17 19 6.90%
3 BNP Paribas 4,946.20 16 6.22%
4 Credit Agricole CIB 4,748.11 18 5.97%
5 Commerzbank Group 4,389.40 18 5.52%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 Morgan Stanley 365.83 497 7.62%
2 JPMorgan 332.66 618 6.92%
3 Bank of America Merrill Lynch 299.89 590 6.24%
4 Goldman Sachs 276.71 375 5.76%
5 Citi 264.54 592 5.51%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Barclays 9,144.21 24 13.25%
2 HSBC 8,738.18 35 12.66%
3 BNP Paribas 4,721.16 25 6.84%
4 Citi 4,398.19 35 6.37%
5 Credit Suisse 4,325.15 22 6.27%