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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 Jun 2015
1 Barclays 14,193.21 21 11.05%
2 Citi 13,245.79 18 10.31%
3 HSBC 12,202.85 20 9.50%
4 UniCredit 8,815.25 7 6.86%
5 JPMorgan 7,526.92 11 5.86%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 29 Jun 2015
1 Citi 22,200.34 56 10.65%
2 Bank of America Merrill Lynch 21,163.77 66 10.16%
3 JPMorgan 20,813.21 55 9.99%
4 Goldman Sachs 17,336.30 44 8.32%
5 HSBC 17,001.31 44 8.16%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 30 Jun 2015
1 Barclays 22,931.41 48 9.86%
2 HSBC 19,332.22 57 8.31%
3 UniCredit 18,552.20 52 7.97%
4 Credit Agricole CIB 16,301.28 31 7.01%
5 Citi 13,212.79 27 5.68%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 29 Jun 2015
1 HSBC 44,403.75 184 7.18%
2 Barclays 41,840.06 115 6.77%
3 Citi 40,733.49 138 6.59%
4 JPMorgan 34,684.22 163 5.61%
5 Deutsche Bank 33,452.70 147 5.41%