Insurer Preaches Swaps To Indonesia's MoF

  • 18 Jun 2001
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Manulife Indonesia and HSBC recently gave a presentation on the benefits of using interest-rate swaps to the Ministry of Finance. Chris Bendl, managing director, investment and pension services at Manulife in Jakarta, said the company has been looking to tap the swaps market for some time to hedge its investment portfolio (DW, 6/19/00). He described the presentation as well received. Officials at the MoF and HSBC in Jakarta and could not be reached for comment.

The insurer would like to use swaps to hedge duration risk on it's a USD200 million portfolio of U.S. dollar-denominated assets, Bendl added. If it receives approval, Manulife would like to enter swaps in which it pays floating on between 10-30% of its portfolio.

  • 18 Jun 2001

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jul 2017
1 Citi 244,235.70 910 8.87%
2 JPMorgan 223,767.95 1021 8.13%
3 Bank of America Merrill Lynch 211,276.97 750 7.68%
4 Barclays 166,062.82 634 6.03%
5 Goldman Sachs 162,877.27 537 5.92%

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Rank Lead Manager Amount $m No of issues Share %
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  • 21 Jul 2017
1 HSBC 25,385.87 103 7.10%
2 Deutsche Bank 25,125.19 81 7.03%
3 Bank of America Merrill Lynch 22,023.57 59 6.16%
4 BNP Paribas 18,766.65 109 5.25%
5 Credit Agricole CIB 18,157.63 105 5.08%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jul 2017
1 JPMorgan 12,578.87 55 8.17%
2 Citi 11,338.07 71 7.36%
3 UBS 10,682.06 44 6.93%
4 Goldman Sachs 10,419.53 53 6.76%
5 Morgan Stanley 10,194.88 57 6.62%