Latest Senior Debt news

  • Small banks should crack on with non-preferred

    There are few barriers and obvious incentives to entering the non-preferred senior market. Smaller European banks should join the party.

    • 25 May 2017
  • Rapid growth in TLAC bonds leaves index providers behind

    Investors are now largely on board with the effective subordination of senior unsecured bonds, with accounts all too happy to fuel the rapid growth of the non-preferred senior debt market in 2017. But discord in the way the new forms of bail-inable debt are treated by index providers casts a bright light on a market that is still in flux, writes Tyler Davies.

    • 25 May 2017
  • JP Morgan hits $17.5bn of TLAC in 2017

    JP Morgan smashed through $15bn of year-to-date TLAC issuance this week as a trio of banks hit the dollar market, ahead of a brief break for Memorial Day holiday.

    • 25 May 2017
  • Coen crosses fingers for elusive Basel IV deal

    The Basel Committee’s William Coen said in a speech on Thursday that he was hopeful that the Basel III post-crisis reforms could be finalised in the ‘near future’, but capital markets participants have grown weary of hearing that progress is just around the corner. They still expect to be waiting for quite some time before any agreement on calibrating capital floors.

    • 25 May 2017
  • Kookmin Bank chases dual-listed bond

    South Korea’s Kookmin Bank is marketing a new five year floating rate dollar transaction, set to be listed in both Taipei and Singapore.

    • 25 May 2017
  • NN Group raises €900m for Delta Lloyd takeover

    NN Group, the Dutch insurance firm, was looking to raise €900m of senior bond funding in the primary market on Wednesday, in a bid to fund its merger with fellow Dutch insurer Delta Lloyd.

    • 24 May 2017
  • Nykredit grabs smaller size for first bail-inable senior FRN

    Nykredit Realkredit paid a slim premium for a smaller €300m senior resolution note on Wednesday, printing its first floating rate deal in the format.

    • 24 May 2017
  • CCB goes big on FRN ahead of market turn

    China Construction Bank sold its first floating rate bond in 20 years this week, pricing in line with its peers while also printing one of the largest deals since 2014. Its rarity value and a quiet primary market worked in its favour.

    • 24 May 2017
  • Vakifbank bags speedy $500m five year senior

    Vakifbank took advantage of seemingly insatiable demand for Turkish bank paper to raise $500m of five year senior funding on Tuesday.

    • 24 May 2017
  • FIG closes out busy May with a flurry

    Public holidays will cut short the issuance window at the end of May, but banks have enjoyed a busy month and a flurry of deals have arrived in the market this week.

    • 24 May 2017

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Capital markets data from GlobalCapital


Go to GlobalCapital's FIG data pages for the most up to date information on the global financial institution bond markets. Find our FIG bond comments, FIG league tables by Dealogic and our priced deals database.

Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 May 2017
1 HSBC 5,680.75 25 5.91%
2 Commerzbank Group 5,001.67 29 5.20%
3 UniCredit 4,986.06 37 5.19%
4 Credit Agricole CIB 4,573.35 20 4.76%
5 BNP Paribas 4,463.32 18 4.64%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Morgan Stanley 139,173.11 554 6.60%
2 JPMorgan 135,505.56 612 6.43%
3 Citi 127,910.15 757 6.07%
4 Goldman Sachs 125,520.43 675 5.95%
5 Bank of America Merrill Lynch 119,876.60 536 5.69%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Apr 2017
1 JPMorgan 104,210.95 417 10.23%
2 Citi 99,111.89 557 9.73%
3 Bank of America Merrill Lynch 94,929.57 429 9.32%
4 Morgan Stanley 89,025.14 390 8.74%
5 Goldman Sachs 85,770.72 496 8.42%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 09 May 2017
1 SG Corporate & Investment Banking 3,864.50 15 8.19%
2 LBBW 3,506.91 13 7.43%
3 Credit Agricole CIB 3,308.89 13 7.01%
4 BNP Paribas 2,845.56 10 6.03%
5 Commerzbank Group 2,832.12 11 6.00%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 Morgan Stanley 365.83 497 7.62%
2 JPMorgan 332.66 618 6.92%
3 Bank of America Merrill Lynch 299.89 590 6.24%
4 Goldman Sachs 276.71 375 5.76%
5 Citi 264.54 592 5.51%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 23 May 2017
1 HSBC 5,378.40 21 6.13%
2 Barclays 4,839.18 14 5.52%
3 Credit Suisse 3,558.82 15 4.06%
4 BNP Paribas 3,205.75 15 3.65%
5 Goldman Sachs 2,788.75 18 3.18%