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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
  • 16 Oct 2014
1 Barclays 17,418.65 25 9.47%
2 Citi 15,969.38 26 8.68%
3 HSBC 13,986.76 27 7.61%
4 UniCredit 13,472.74 9 7.33%
5 JPMorgan 12,177.43 22 6.62%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 29,804.13 86 9.97%
2 JPMorgan 28,333.27 77 9.48%
3 Citi 27,617.93 68 9.24%
4 Bank of America Merrill Lynch 27,018.01 82 9.04%
5 HSBC 24,945.41 63 8.34%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Oct 2014
1 UniCredit 44,694.43 100 9.24%
2 HSBC 38,259.38 113 7.91%
3 Barclays 34,214.63 63 7.07%
4 Deutsche Bank 32,366.32 67 6.69%
5 SG Corporate & Investment Banking 26,064.97 46 5.39%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 20 Oct 2014
1 Deutsche Bank 77,780.81 286 6.85%
2 HSBC 77,452.02 324 6.82%
3 Barclays 64,952.63 167 5.72%
4 Citi 61,177.03 173 5.39%
5 JPMorgan 58,412.97 217 5.15%