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 ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please call Mark Goodes on +44 (0)20 7779 8605 or email mark.goodes@globalcapital.com to discuss your requirements.

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Citi 16,780.09 20 5.84%
2 Barclays 14,502.22 22 5.05%
3 HSBC 12,202.85 20 4.25%
4 JPMorgan 10,216.98 14 3.56%
5 UniCredit 8,815.25 7 3.07%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 29,065.86 85 11.34%
2 Citi 27,247.99 66 10.63%
3 JPMorgan 25,521.11 67 9.96%
4 HSBC 21,965.89 53 8.57%
5 Goldman Sachs 21,449.10 57 8.37%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 25,165.45 59 9.36%
2 UniCredit 21,266.54 69 7.91%
3 HSBC 20,240.21 65 7.53%
4 Credit Agricole CIB 18,109.31 44 6.74%
5 Goldman Sachs 16,091.28 46 5.99%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 31 Aug 2015
1 HSBC 52,630.59 231 6.99%
2 Citi 49,096.14 165 6.52%
3 Barclays 48,734.57 145 6.47%
4 JPMorgan 44,041.47 214 5.85%
5 Deutsche Bank 41,880.00 185 5.56%