Russia scraps threat of retroactive bond tax

Russia has abandoned the idea of insisting that a withholding tax be paid retrospectively on loan participation notes. However, the tax could be applicable to bonds issued by Russian borrowers in 2013 and later, making the process of issuing a Eurobond more expensive and complicated.

  • 24 Feb 2012
"If the situation stays as it is, we’re recommending that borrowers go to the Eurobond market this year to avoid the potential hurdles and extra cost next year," said one origination banker in London. "The battle is still going on about what happens in 2013, and that uncertainty ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jul 2016
1 Bank of America Merrill Lynch 82,864.29 295 6.31%
2 JPMorgan 82,692.32 294 6.30%
3 Citi 71,155.15 282 5.42%
4 Deutsche Bank 59,506.27 204 4.53%
5 Barclays 57,045.97 212 4.34%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 Jul 2016
1 Deutsche Bank 14,101.80 45 7.11%
2 BNP Paribas 14,077.15 66 7.10%
3 Bank of America Merrill Lynch 13,205.60 40 6.66%
4 SG Corporate & Investment Banking 12,853.37 61 6.48%
5 Citi 11,967.76 44 6.03%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 12 Jul 2016
1 Deutsche Bank 4,604.98 26 10.96%
2 Goldman Sachs 4,337.06 21 10.33%
3 Citi 3,603.80 11 8.58%
4 Barclays 2,955.17 16 7.04%
5 JPMorgan 2,422.57 16 5.77%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 Jul 2016
1 JPMorgan 16,570.16 112
2 Bank of America Merrill Lynch 14,670.75 93
3 Citi 13,217.68 86
4 Goldman Sachs 13,006.56 80
5 Barclays 11,662.09 72

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 Jul 2016
1 Deutsche Bank 14,934.37 34 6.35%
2 BNP Paribas 14,216.48 56 6.04%
3 Barclays 13,376.66 35 5.68%
4 SG Corporate & Investment Banking 12,512.63 54 5.32%
5 Citi 11,888.18 43 5.05%