FIG

Australia opens door to covered bonds...

Australia opened the door to covered bonds at the weekend, announcing a series of bank reforms that included a promise to amend a key law restricting the sale of covered bonds. That law enshrined the priority of depositors in a bank default — so the government pre-empted any gripes from depositors by guaranteeing all deposits worth up to A$1m.

  • 13 Dec 2010

Details are still scant, but market participants do not expect a full covered bond law. The government will draft an amendment to the 1959 Banking Act in the first session of parliament in 2011, starting in early February, and will then discuss the amendment with regulators.

“They are ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 09 Feb 2016
1 UBS 3,596.64 15 4.45%
2 Deutsche Bank 2,581.57 11 3.19%
3 Credit Agricole CIB 2,563.08 12 3.17%
4 SG Corporate & Investment Banking 2,504.59 12 3.10%
5 UniCredit 2,473.53 15 3.06%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 08 Feb 2016
1 Citi 9,049.51 25 7.07%
2 Morgan Stanley 8,412.15 21 6.57%
3 Goldman Sachs 7,592.10 25 5.93%
4 Barclays 7,199.61 20 5.62%
5 Bank of America Merrill Lynch 6,847.93 27 5.35%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 09 Feb 2016
1 Goldman Sachs 5,484.38 15 8.48%
2 Natixis 3,624.88 6 5.60%
3 LBBW 3,230.86 40 4.99%
4 Credit Agricole CIB 2,296.11 4 3.55%
5 BNP Paribas 2,155.21 4 3.33%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 09 Feb 2016
1 UBS 3,399.52 11 10.79%
2 Credit Agricole CIB 2,237.22 9 7.10%
3 SG Corporate & Investment Banking 2,206.96 9 7.00%
4 UniCredit 2,147.04 9 6.81%
5 Deutsche Bank 2,029.52 7 6.44%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 08 Feb 2016
1 Morgan Stanley 136.72 106 10.15%
2 Goldman Sachs 89.22 92 6.62%
3 JPMorgan 67.01 141 4.97%
4 Citi 61.96 122 4.60%
5 Bank of America Merrill Lynch 55.05 121 4.09%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 09 Feb 2016
1 Credit Agricole CIB 1,146.47 1 22.22%
2 HSBC 775.22 3 15.03%
3 Intesa Sanpaolo SpA 439.10 2 8.51%
3 Deutsche Bank 439.10 2 8.51%
3 Bank of America Merrill Lynch 439.10 2 8.51%