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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
  • 20 Oct 2014
1 JPMorgan 115,492.34 560 6.48%
2 Bank of America Merrill Lynch 100,007.72 492 5.61%
3 Citi 97,972.27 503 5.50%
4 Deutsche Bank 83,913.37 421 4.71%
5 Morgan Stanley 81,730.05 474 4.58%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Oct 2014
1 BNP Paribas 23,536.12 109 8.62%
2 SG Corporate & Investment Banking 19,566.11 93 7.17%
3 Deutsche Bank 18,220.04 72 6.68%
4 HSBC 17,757.55 80 6.51%
5 Barclays 14,261.87 63 5.22%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 21 Oct 2014
1 Deutsche Bank 10,307.85 65 9.61%
2 JPMorgan 7,838.70 65 7.31%
3 Credit Suisse 7,418.28 56 6.92%
4 Goldman Sachs 7,026.57 48 6.55%
5 BNP Paribas 6,220.13 53 5.80%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Oct 2014
1 JPMorgan 28,639.10 190 10.17%
2 Citi 25,365.10 157 9.00%
3 Morgan Stanley 24,255.91 134 8.61%
4 Bank of America Merrill Lynch 23,393.59 179 8.30%
5 Credit Suisse 22,843.03 145 8.11%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Oct 2014
1 BNP Paribas 22,011.81 109 6.27%
2 HSBC 21,349.42 112 6.08%
3 SG Corporate & Investment Banking 21,035.82 102 5.99%
4 RBS 20,308.32 104 5.78%
5 Barclays 20,043.26 93 5.71%