New EU Guidelines Cast Shadow On Fiscal Claims Securitizations

New guidelines issued by the European Union’s statistics office will make it increasingly unattractive for EU member governments to securitize fiscal claims.

  • 29 Jun 2007

—Hugh Leask

New guidelines issued by the European Union’s statistics office will make it increasingly unattractive for EU member governments to securitize fiscal claims. Eurostat has said those securitizations backed by receivables owed to governments—such as uncollected taxes, healthcare receivables and other public assets—should be regarded as government borrowing ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%