Dutch Treasury launches second US RMBS auction

The Dutch government has announced another competitive auction for $4.27bn of US non-agency RMBS bonds that were part of a much larger ING portfolio that needed a government back-up facility in 2009.

  • By Joseph McDevitt
  • 17 Jan 2014

The process will see six banks submit bids for the bonds based on the strength of interest from their clients. Those banks are Bank of America Merrill Lynch, Barclays, Citi, Credit Suisse, Goldman Sachs and Morgan Stanley. Bids need to be submitted by 10am on January 16.

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 6,415 22 12.84
2 Citi 5,781 17 11.57
3 BNP Paribas 3,530 14 7.06
4 Credit Suisse 2,783 8 5.57
5 Rabobank 2,633 4 5.27

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 98,544.62 277 13.26%
2 Bank of America Merrill Lynch 90,698.73 264 12.20%
3 Wells Fargo Securities 70,282.48 216 9.45%
4 JPMorgan 51,967.93 167 6.99%
5 Credit Suisse 41,545.25 126 5.59%