Italian, Spanish ABS tracks tighter

Peripheral banks are unlikely to test the waters of the ABS market, despite a rally that has driven spreads down to levels where some could consider issuing new paper, bankers said on Tuesday.

  • 18 Sep 2012

Spanish and Italian RMBS and lease-backed trades with a weighted average life of under a year have tightened considerably from a few months ago, when they were generically quoted at above 500bp over Euribor at the very least.

One ABS dealer said he traded a small piece of ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%