New Index May Boost Canadian Mart

Canada's first investment-grade index using blended prices could improve liquidity in the country's bond market due to increased transparency.

  • 14 Jan 2005
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Canada's first investment-grade index using blended prices could improve liquidity in the country's bond market due to increased transparency. Bid/ask margins could tighten or volumes could increase, according to Peter Martin, managing director of financial market research for CIBC World Markets in Toronto. It is one of the first dealers involved with the index. He declined to speculate on how much the new index might improve liquidity.

Standard & Poor's, CIBC andRBC Capital Markets recently said they would launch a blended high-grade index this quarter.

Martin added the index may pique investor interest from south of the border because it provides a greater degree of security for investors who are not familiar with all the nuances of the Canadian market. He declined to speculate on how much volume could increase.

  • 14 Jan 2005

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,319 10 12.84
2 Citi 2,562 6 9.92
3 Goldman Sachs 2,150 3 8.32
4 Credit Suisse 1,822 6 7.05
5 Societe Generale 1,814 4 7.02

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%