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  • April 17 2014
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 %
1 Barclays 8,952.26 14 12.43%
2 Citi 8,658.01 14 12.02%
3 SG Corporate & Investment Banking 6,084.30 8 8.45%
4 HSBC 5,836.63 8 8.10%
5 Goldman Sachs 5,290.36 7 7.35%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
1 Deutsche Bank 15,846.85 37 11.59%
2 HSBC 13,666.53 31 10.00%
3 Barclays 13,641.28 29 9.98%
4 Citi 12,916.51 30 9.45%
5 Goldman Sachs 12,358.69 27 9.04%

bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
1 HSBC 19,732.49 33 8.26%
2 Barclays 17,694.27 24 7.40%
3 UniCredit 16,181.46 46 6.77%
4 SG Corporate & Investment Banking 15,289.78 24 6.40%
5 JPMorgan 15,090.23 19 6.31%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
1 HSBC 40,954.36 122 8.27%
2 Deutsche Bank 37,779.49 121 7.63%
3 Barclays 34,509.87 75 6.97%
4 Citi 28,758.52 68 5.80%
5 Goldman Sachs 28,255.83 57 5.70%