Smiles and praise in dollar agencies, as KfW prices oversubscribed benchmark

German government-guaranteed agency Kreditanstalt für Wiederaufbau (KfW) brought some cheer to the markets amid the week’s gloom by pricing a $3bn three year deal that was well oversubscribed. The bonds then tightened on the break, in the teeth of widening swap spreads.

  • 11 Oct 2002
KfW had asked investors to choose their maturity - three years or five - with the former proving most popular, the agency's treasurer Gerhard Lewark told EuroWeek. Bookrunners Credit Suisse First Boston, Deutsche Bank and JP Morgan priced the deal slightly wide of Freddie Mac at 77bp over ...

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 353,377.35 1327 9.07%
2 JPMorgan 316,733.86 1438 8.13%
3 Bank of America Merrill Lynch 316,098.84 1095 8.11%
4 Goldman Sachs 234,493.12 778 6.02%
5 Barclays 226,573.92 880 5.82%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 34,312.86 161 6.59%
2 Deutsche Bank 34,194.98 116 6.57%
3 Bank of America Merrill Lynch 31,113.25 94 5.98%
4 BNP Paribas 27,479.75 167 5.28%
5 SG Corporate & Investment Banking 23,982.83 136 4.61%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 19,536.02 78 8.91%
2 Morgan Stanley 16,323.54 83 7.44%
3 Citi 15,667.80 92 7.14%
4 UBS 15,208.47 58 6.94%
5 Goldman Sachs 13,487.36 72 6.15%