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Corp Bonds

Records tumble in US as Procter & Gamble, IBM enjoy lowest yields ever across curve

Funding costs for highly rated companies broke records in the dollar market this week, as firms like IBM and Procter & Gamble obtained all time low coupons from investors pouring cash into the market.

  • 03 Feb 2012

Supply was not too heavy, so investors could focus on a few high quality benchmark corporate issues from the likes of Praxair and McDonalds.

"There is a food fight among investors for credit product," said Jim Turner, head of debt capital markets for the Americas at BNP Paribas in ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 13 Apr 2015
1 JPMorgan 50,665.65 208 8.09%
2 Bank of America Merrill Lynch 43,814.82 194 6.99%
3 Citi 37,191.93 173 5.94%
4 Barclays 36,790.80 157 5.87%
5 Deutsche Bank 31,907.15 139 5.09%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 07 Apr 2015
1 Barclays 11,961.82 35 10.11%
2 HSBC 10,552.10 40 8.92%
3 BNP Paribas 9,388.52 49 7.94%
4 SG Corporate & Investment Banking 8,804.87 33 7.44%
5 Deutsche Bank 7,877.73 27 6.66%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 14 Apr 2015
1 Deutsche Bank 14,044.27 95 9.05%
2 JPMorgan 11,693.86 96 7.54%
3 Credit Suisse 10,953.19 80 7.06%
4 Goldman Sachs 10,234.02 72 6.60%
5 Citi 9,483.61 55 6.11%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Apr 2015
1 Deutsche Bank 9,823.64 54 9.14%
2 JPMorgan 9,509.79 65 8.84%
3 Bank of America Merrill Lynch 8,878.10 72 8.26%
4 Barclays 8,665.75 52 8.06%
5 Citi 8,412.86 57 7.82%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Apr 2015
1 Barclays 10,123.46 35 8.30%
2 SG Corporate & Investment Banking 9,219.39 32 7.56%
3 BNP Paribas 7,975.36 42 6.54%
4 Deutsche Bank 7,295.41 26 5.98%
5 HSBC 6,464.35 35 5.30%