South Korean regulator to draft covered bond law

The South Korean Financial Services Commission (FSC) plans to have draft covered bond legislation ready by July and submitted to parliament in November, according an FSC statement on Wednesday.

  • 22 Jun 2012

The covered bond law will reduce funding costs and help banks fund longer term, said the regulator. It will also improve the structure of household debt by providing longer term fixed-rate loans.

In June 2011, the South Korean Financial Supervisory Service (FSS) and FSC provided covered bond guidelines to ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 10,856.90 55 6.30%
2 UniCredit 8,379.23 66 4.86%
3 BNP Paribas 7,918.03 38 4.60%
4 Commerzbank Group 7,805.13 49 4.53%
5 LBBW 7,738.70 45 4.49%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 96,135.23 376 7.34%
2 Citi 84,976.88 498 6.49%
3 Bank of America Merrill Lynch 83,537.64 328 6.38%
4 Goldman Sachs 80,248.79 441 6.13%
5 JPMorgan 76,164.92 364 5.81%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 73,003.66 384 11.02%
2 Bank of America Merrill Lynch 67,317.92 276 10.16%
3 Morgan Stanley 65,732.49 269 9.92%
4 JPMorgan 63,159.52 276 9.53%
5 Goldman Sachs 59,493.52 368 8.98%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 SG Corporate & Investment Banking 5,543.24 22 6.82%
2 LBBW 5,487.17 19 6.75%
3 BNP Paribas 4,946.20 16 6.09%
4 Commerzbank Group 4,830.70 19 5.95%
5 Credit Agricole CIB 4,748.11 18 5.84%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 Morgan Stanley 365.83 497 7.62%
2 JPMorgan 332.66 618 6.92%
3 Bank of America Merrill Lynch 299.89 590 6.24%
4 Goldman Sachs 276.71 375 5.76%
5 Citi 264.54 592 5.51%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 23 Oct 2017
1 Barclays 9,144.21 24 13.25%
2 HSBC 8,738.18 35 12.66%
3 BNP Paribas 4,721.16 25 6.84%
4 Citi 4,398.19 35 6.37%
5 Credit Suisse 4,325.15 22 6.27%