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
  • 22 Aug 2016
1 Bank of America Merrill Lynch 98,466.97 356 6.42%
2 JPMorgan 95,815.66 355 6.25%
3 Citi 84,041.38 335 5.48%
4 Deutsche Bank 70,383.91 247 4.59%
5 Barclays 69,594.14 258 4.54%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 Aug 2016
1 BNP Paribas 15,981.42 72 7.49%
2 Deutsche Bank 15,526.98 48 7.28%
3 Bank of America Merrill Lynch 14,438.78 43 6.77%
4 SG Corporate & Investment Banking 13,406.34 64 6.28%
5 Barclays 13,198.29 43 6.18%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 23 Aug 2016
1 Goldman Sachs 5,027.09 25 10.62%
2 Deutsche Bank 5,009.34 30 10.58%
3 Citi 4,119.78 13 8.70%
4 Barclays 3,601.58 19 7.61%
5 JPMorgan 2,803.14 20 5.92%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 Aug 2016
1 JPMorgan 19,799.61 146 11.07%
2 Bank of America Merrill Lynch 17,389.63 118 9.72%
3 Barclays 15,694.41 95 8.77%
4 Goldman Sachs 15,523.50 95 8.68%
5 Deutsche Bank 15,320.36 90 8.56%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 Aug 2016
1 Deutsche Bank 16,642.28 39 6.47%
2 BNP Paribas 16,468.78 63 6.40%
3 Barclays 15,749.42 43 6.12%
4 HSBC 13,691.31 58 5.32%
5 SG Corporate & Investment Banking 13,148.34 58 5.11%