Barclays creates €7bn collateral from Italian mortgage book

Barclays has structured a €7bn securitisation of Italian mortgages, using the Mercurio Mortgage Finance programme. The deal will be retained, giving Barclays an extra slug of eligible collateral for the ECB’s LTRO facility, ahead of the second tender at the end of February 28.

  • 31 Jan 2012

The deal is rated Aaa/AAA by Moody’s and Fitch — higher than the ECB’s updated minimum rating of A1/A.

Mercurio 2012-7 is backed by €7.85bn of Italian mortgages, and has been structured with a €845m class J subordinate class, a €471m non-amortising reserve fund, and a €180m liquidity line, ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 9,047.01 40 6.07%
2 UniCredit 7,481.13 60 5.02%
3 Commerzbank Group 6,931.49 43 4.65%
4 BNP Paribas 6,833.59 30 4.58%
5 LBBW 6,443.14 35 4.32%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 85,882.10 345 7.37%
2 Bank of America Merrill Lynch 76,347.09 286 6.55%
3 Citi 73,761.99 445 6.33%
4 Goldman Sachs 71,639.28 392 6.15%
5 JPMorgan 69,536.04 335 5.97%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 63,093.26 344 10.46%
2 Morgan Stanley 62,565.91 248 10.37%
3 Bank of America Merrill Lynch 62,515.27 242 10.36%
4 JPMorgan 57,709.83 258 9.56%
5 Goldman Sachs 54,069.13 322 8.96%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 SG Corporate & Investment Banking 5,112.50 20 7.18%
2 LBBW 5,014.64 17 7.04%
3 BNP Paribas 4,566.36 14 6.41%
4 Credit Agricole CIB 4,553.92 17 6.39%
5 Commerzbank Group 4,242.73 17 5.95%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 Morgan Stanley 365.83 497 7.62%
2 JPMorgan 332.66 618 6.92%
3 Bank of America Merrill Lynch 299.89 590 6.24%
4 Goldman Sachs 276.71 375 5.76%
5 Citi 264.54 592 5.51%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Barclays 8,483.95 21 13.67%
2 HSBC 8,067.77 29 13.00%
3 BNP Paribas 4,145.54 22 6.68%
4 Credit Suisse 4,020.83 20 6.48%
5 Citi 3,992.43 32 6.43%