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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
  • 07 Apr 2015
1 Barclays 11,496.03 16 12.77%
2 Citi 10,652.96 13 11.83%
3 Credit Agricole CIB 6,742.85 7 7.49%
4 JPMorgan 6,395.22 9 7.10%
5 HSBC 6,205.48 9 6.89%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 16,287.71 46 11.36%
2 Citi 13,348.09 31 9.31%
3 JPMorgan 12,993.30 33 9.06%
4 Goldman Sachs 12,827.87 28 8.95%
5 Deutsche Bank 11,767.77 32 8.21%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Apr 2015
1 Barclays 16,876.16 29 10.12%
2 Credit Agricole CIB 14,075.33 24 8.44%
3 HSBC 12,502.63 35 7.49%
4 UniCredit 11,760.93 38 7.05%
5 Citi 11,165.48 19 6.69%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 31,600.67 73 7.25%
2 Citi 28,784.66 86 6.61%
3 HSBC 26,356.69 115 6.05%
4 Deutsche Bank 25,792.92 107 5.92%
5 JPMorgan 22,105.57 62 5.07%