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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
  • 30 Sep 2014
1 Barclays 16,418.65 24 0.00%
2 Citi 14,473.56 24 0.00%
3 UniCredit 13,472.74 9 0.00%
4 HSBC 13,108.24 24 0.00%
5 Intesa Sanpaolo SpA 11,778.39 5 0.00%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 29 Sep 2014
1 Deutsche Bank 27,820.86 80 9.79%
2 JPMorgan 26,438.60 69 9.30%
3 Bank of America Merrill Lynch 25,622.53 77 9.02%
4 Citi 24,708.12 61 8.69%
5 HSBC 23,536.19 60 8.28%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 30 Sep 2014
1 UniCredit 42,913.82 94 9.28%
2 HSBC 37,086.94 105 8.02%
3 Barclays 33,082.16 61 7.15%
4 Deutsche Bank 31,353.99 66 6.78%
5 SG Corporate & Investment Banking 23,877.00 43 5.16%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 29 Sep 2014
1 Deutsche Bank 180,963.49 652 7.40%
2 HSBC 165,657.68 657 6.78%
3 Barclays 134,773.08 351 5.51%
4 Goldman Sachs 120,992.72 271 4.95%
5 JPMorgan 119,545.70 402 4.89%