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SSA

Swiss buyers support resurgence in SSA market

Swiss franc investors split this week’s primary buying between opposite ends of the credit spectrum, though name recognition and rarity value drove deals of both types. Alongside high yielding corporate paper from Metro and Valora (see separate story), accounts snapped up tightly priced agency paper from Oesterreichische Kontrollbank (OKB) and Kommuninvest.

  • 03 Feb 2012
While the Swiss market has lacked SSA credits lately as low rates have forced borrowers to offer unattractive spreads, OKB grabbed the opportunity to issue a rare floating rate note when two year pricing moved into positive territory. Demand came from money market funds and bank treasuries that ...

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European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 26 May 2015
1 Barclays 13,397.62 20 12.16%
2 Citi 12,114.09 16 10.99%
3 UniCredit 8,815.25 7 8.00%
4 HSBC 8,676.33 16 7.87%
5 Credit Agricole CIB 6,742.85 7 6.12%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 May 2015
1 Bank of America Merrill Lynch 20,048.11 61 11.29%
2 Citi 18,354.24 43 10.33%
3 JPMorgan 16,030.39 39 9.03%
4 Deutsche Bank 15,477.30 42 8.72%
5 Goldman Sachs 14,121.01 35 7.95%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 20,295.43 38 9.97%
2 UniCredit 17,482.97 43 8.59%
3 HSBC 15,410.27 45 7.57%
4 Credit Agricole CIB 14,664.92 28 7.21%
5 Citi 11,658.53 20 5.73%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 May 2015
1 Barclays 37,593.40 91 7.24%
2 Citi 35,153.88 109 6.77%
3 HSBC 34,728.98 149 6.68%
4 Deutsche Bank 31,799.99 127 6.12%
5 JPMorgan 27,225.17 78 5.24%