BNP Tips Tapering Strategy Ahead of Bernanke Address

Investors should buy receiver spreads 1x2 and ladders on the iTraxx Main, since such instruments offer a cheap or zero cost way to construct a bullish position ahead of an address by Ben Bernanke, the chairman of the Federal Reserve, at the Federal Open Market Committee on June 19. Bernanke is expected to announce that the Fed will begin tapering monetary policy in the U.S., leading some strategists to take a position on the iTraxx Main that will benefit in the event that the index tightens.

  • 17 Jun 2013
Investors should buy receiver spreads 1x2 and ladders on the iTraxx Main, since such instruments offer a cheap or zero cost way to construct a bullish positionahead of an address by Ben Bernanke, the chairman of the Federal Reserve, at the Federal Open Market Committee on June ...

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 13 Mar 2017
1 JPMorgan 94,925.33 384 8.39%
2 Citi 87,531.58 331 7.74%
3 Bank of America Merrill Lynch 84,341.49 288 7.46%
4 Barclays 75,288.19 241 6.66%
5 Goldman Sachs 68,504.71 208 6.06%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 May 2017
1 Deutsche Bank 19,381.65 47 8.82%
2 Bank of America Merrill Lynch 18,968.25 36 8.63%
3 HSBC 18,103.95 50 8.24%
4 BNP Paribas 8,911.57 55 4.05%
5 SG Corporate & Investment Banking 8,885.00 54 4.04%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 May 2017
1 JPMorgan 8,714.26 35 8.36%
2 UBS 8,283.47 33 7.95%
3 Goldman Sachs 7,736.57 37 7.42%
4 Citi 6,897.11 46 6.62%
5 Bank of America Merrill Lynch 6,215.31 24 5.96%