Spain and UK to join European sovereign trend to extend

With Belgium and Italy both having sold long-dated debt in the last week, Spain is now said to be looking at a 50 year deal of its own. If the Spanish Treasury does go ahead, it will not be the only sovereign looking at the far end of the curve, with a new 2068 inflation-linked Gilt due from the UK the week after next.

  • By Ralph Sinclair
  • 11 Sep 2013
Spain is said to be looking at a similar privately placed deal to Italy's long-dated private placement from a week ago, a €500m 5.05% 40 year bond through UBS. There is no indication of what size bond Spain would issue, but it is said to want to go 10 ...

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European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Citi 16,088.76 20 8.73%
2 HSBC 15,210.51 21 8.26%
3 BNP Paribas 13,600.58 19 7.38%
4 Barclays 13,491.76 19 7.32%
5 Goldman Sachs 12,661.40 23 6.87%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 40,395.00 104 11.69%
2 JPMorgan 39,421.51 106 11.41%
3 Bank of America Merrill Lynch 28,165.08 86 8.15%
4 HSBC 26,016.15 67 7.53%
5 Deutsche Bank 23,091.31 54 6.68%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 31,938.44 91 7.68%
2 UniCredit 30,615.95 95 7.36%
3 Goldman Sachs 28,739.59 76 6.91%
4 BNP Paribas 28,348.17 57 6.82%
5 Barclays 26,617.69 64 6.40%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 76,927.45 261 7.33%
2 JPMorgan 75,508.10 437 7.19%
3 HSBC 68,678.90 244 6.54%
4 Bank of America Merrill Lynch 58,336.30 179 5.56%
5 Barclays 53,257.86 172 5.07%