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Derivatives

Investor Snags Asian FX Basket December

­An unnamed non-U.S. high-net worth investor bought USD25,000,000 of a note containing a basket of Asian currencies against the U.S. dollar from BNP Paribas last Friday, according to a filing on Bloomberg.

  • 14 Dec 2010
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--Mike Kentz

­An unnamed non-U.S. high-net worth investor bought USD25,000,000 of a note containing a basket of Asian currencies against the U.S. dollar from BNP Paribas last Friday, according to a filing on Bloomberg.

The basket contains equally weighted portions of the Chinese renminbi, the Korean won, the Malaysian ringgit and the Indonesian rupee. The note is not callable, offers 100% participation with no upside cap or downside protection and has a maturity of five years. The note also contains a 1.13% fixed coupon that pays out annually relative to the initial investment, according to a term sheet seen by Derivatives Week.

The official at the bank reported that the note reflects the particular investors’ steady appetite for emerging market currencies, especially in Asia. “He came to us and said ‘I want 100% participation on these currencies, what kind of coupon can you get me?’” said the official.

The purchase also evidences the fact there are still investors out there looking to put their cash to work before year end, said the official.

  • 14 Dec 2010

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Dec 2014
1 JPMorgan 342,922.92 1311 8.41%
2 Barclays 300,648.86 1032 7.37%
3 Citi 290,963.57 1128 7.14%
4 Deutsche Bank 287,219.96 1136 7.04%
5 Bank of America Merrill Lynch 282,489.76 1009 6.93%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Dec 2014
1 BNP Paribas 52,003.11 221 7.02%
2 Deutsche Bank 51,241.89 139 6.92%
3 Citi 40,105.19 112 5.41%
4 JPMorgan 36,476.66 84 4.92%
5 Credit Agricole CIB 36,447.56 151 4.92%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Dec 2014
1 JPMorgan 26,935.89 136 8.98%
2 Goldman Sachs 26,008.57 92 8.68%
3 UBS 23,085.08 92 7.70%
4 Deutsche Bank 22,844.76 91 7.62%
5 Bank of America Merrill Lynch 21,916.84 81 7.31%