Taiwan House Considers Credit Derivatives Debut

  • 21 Oct 2002
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Polaris Securities, one of Taiwan's largest securities houses with USD1.05 billion in assets, is examining buying credit-linked notes within a year, which would be the firm's first use of credit derivatives. "We're now considering this," said Ting Kuo, an official in the fixed-income department in Taipei. He explained that the firm is considering buying up to USD10 million of notes. "These offer a high rate of return," said Kuo, when comparing the products to traditional bonds.

The securities house is in the early stages of reviewing the instruments but will look at such factors as the attractiveness of the structure as well as the overall macroeconomic environment. The notes would be purchased offshore, likely referenced to names from Taiwan. Polaris is speaking to a number of firms including JPMorgan and Merrill Lynch in regard to the product to gain a better understanding, said Kuo.

  • 21 Oct 2002

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 13 Mar 2017
1 JPMorgan 94,925.33 384 8.39%
2 Citi 87,531.58 331 7.74%
3 Bank of America Merrill Lynch 84,341.49 288 7.46%
4 Barclays 75,288.19 241 6.66%
5 Goldman Sachs 68,504.71 208 6.06%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 May 2017
1 Deutsche Bank 19,381.65 47 8.82%
2 Bank of America Merrill Lynch 18,968.25 36 8.63%
3 HSBC 18,103.95 50 8.24%
4 BNP Paribas 8,911.57 55 4.05%
5 SG Corporate & Investment Banking 8,885.00 54 4.04%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 23 May 2017
1 JPMorgan 8,714.26 35 8.36%
2 UBS 8,283.47 33 7.95%
3 Goldman Sachs 7,736.57 37 7.42%
4 Citi 6,897.11 46 6.62%
5 Bank of America Merrill Lynch 6,215.31 24 5.96%