ICBC doubles size for Australian dollar debut

An increasingly adventurous Australian dollar investor base that is seeking new names to revamp its generally conservative debt exposure snapped up this week's inaugural Australian dollar deal from Industrial and Commercial Bank of China — a A$400m three year FRN that was increased from a launch size of A$200m. The deal was led by ANZ and HSBC.

  • 06 Jul 2011
ICBC, the largest bank in the world and one of the Big Four state owned Chinese banks, brought a touch of novelty to FIG supply in the Australian dollar market. “Financials’ issuance has been dominated by European names in the last two to three years,” said Apoorva Tandon, ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 28 Mar 2017
1 HSBC 4,036.16 16 6.04%
2 Commerzbank Group 4,025.24 24 6.02%
3 SG Corporate & Investment Banking 3,839.27 16 5.74%
4 LBBW 3,832.35 17 5.73%
5 UniCredit 3,441.32 25 5.15%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Goldman Sachs 34,651.03 126 7.97%
2 Morgan Stanley 29,177.75 109 6.71%
3 Bank of America Merrill Lynch 27,006.26 91 6.21%
4 JPMorgan 25,239.23 117 5.80%
5 HSBC 22,669.48 102 5.21%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 21 Mar 2017
1 Goldman Sachs 22,807.51 94
2 Morgan Stanley 21,009.07 69
3 JPMorgan 19,370.83 76
4 Bank of America Merrill Lynch 19,244.14 67
5 Citi 18,801.67 99

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 28 Mar 2017
1 SG Corporate & Investment Banking 3,598.86 14 4.70%
2 LBBW 3,164.12 11 4.13%
3 Commerzbank Group 2,654.38 10 3.46%
4 BNP Paribas 2,465.63 8 3.22%
5 Credit Agricole CIB 2,428.94 10 3.17%

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
  • 28 Mar 2017
1 Credit Suisse 2,871.94 10 10.56%
2 BNP Paribas 2,621.82 10 9.64%
3 Barclays 2,342.82 7 8.62%
4 HSBC 2,079.93 15 7.65%
5 Bank of America Merrill Lynch 1,926.69 12 7.09%