Taiwan Securities House Eyes Credit Debut

  • 10 Mar 2003
Email a colleague
Request a PDF

KGI Securities Co., part of the KGI Group, which has USD6.5 billion in assets, is considering purchasing credit derivatives for the first time in Taiwan's newly-opened onshore credit market. "We're just starting to look at this," said Jeffery Huang, head of interest rate derivatives in Taipei.

Huang said the firm is considering purchasing default-swap protection for its high-yield bond portfolio as well as investing in credit-linked deposits later this year. He declined to quantify potential investment sizes. The firm is speaking with potential counterparties for the transactions to gain a further understanding of the instruments. These include Deutsche Bank, which was the first to structure a Taiwan dollar-denominated credit derivative (DW, 1/27). Officials at Deutsche Bank declined comment.

  • 10 Mar 2003

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 352,540.12 1323 9.09%
2 Bank of America Merrill Lynch 315,574.44 1093 8.13%
3 JPMorgan 314,826.88 1433 8.11%
4 Goldman Sachs 234,193.07 776 6.04%
5 Barclays 226,473.92 879 5.84%

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%