Resilient SSA market shrugs off Italian election fiasco

Tuesday’s day of chaos that followed Italy’s inconclusive election provided ample evidence that the crisis in the single currency area is far from over. But with the surge in volatility having settled by the end of the week into a minor yield correction by recent standards, it was clear that headline shocks need no longer translate into crippled capital markets and a freeze in borrowing plans.

  • 01 Mar 2013
Top-notch corporates were certainly undeterred, piling in with jumbo transactions including a €1.5bn dual tranche from Daimler and €2.25bn from Siemens (see page 23). Dealflow in the financial institution and SSA sectors was more subdued after rising yields struck peripheral European bond markets on Tuesday, but bankers do ...

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European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 10 Jan 2017
1 Bank of America Merrill Lynch 1,018.09 1 10.19%
2 Morgan Stanley 662.83 1 6.63%
2 JPMorgan 662.83 1 6.63%
2 HSBC 662.83 1 6.63%
2 Danske Bank 662.83 1 6.63%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 10 Jan 2017
1 JPMorgan 2,330.63 2 20.05%
2 HSBC 1,894.84 2 16.30%
2 Barclays 1,894.84 2 16.30%
4 Nomura 998.19 1 8.59%
4 Goldman Sachs 998.19 1 8.59%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 10 Jan 2017
1 JPMorgan 3,111.53 5 17.78%
2 Bank of America Merrill Lynch 2,735.23 4 15.63%
3 HSBC 2,589.66 3 14.80%
4 LBBW 2,024.41 4 11.57%
5 Barclays 1,213.11 3 6.93%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 8,562.94 16 11.90%
2 JPMorgan 7,530.41 18 10.46%
3 Barclays 7,389.83 18 10.27%
4 Bank of America Merrill Lynch 6,234.66 16 8.66%
5 Citi 4,953.38 17 6.88%