Deutsche Bahn takes last ride on CSPP tracks

State-owned German rail operator Deutsche Bahn took the opportunity to make the most of the European Central Bank’s corporate bond buying programme when it sold a €500m 12.5 year deal on Thursday.

  • By Nigel Owen
  • 20 Sep 2018
The Aa1/AA- rated issuer had two other deals in the previous 12 months, and the ECB has built up a stock of both bonds with the issuer eligible for the central bank’s corporate security purchase programme. The issuer’s latest deal is likely to be the last one the ...

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All Corporate Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 68,488.05 352 5.50%
2 Citi 64,744.45 338 5.20%
3 Bank of America Merrill Lynch 64,021.12 331 5.14%
4 Barclays 57,015.32 244 4.58%
5 Goldman Sachs 47,925.87 232 3.85%

Bookrunners of Euro Denominated Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 19,022.43 47 8.98%
2 BNP Paribas 13,420.10 80 6.34%
3 Bank of America Merrill Lynch 13,406.08 40 6.33%
4 SG Corporate & Investment Banking 13,362.93 55 6.31%
5 Deutsche Bank 12,112.01 61 5.72%

Bookrunners of European HY Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 2,970.40 18 7.84%
2 Citi 2,783.23 20 7.35%
3 BNP Paribas 2,674.33 25 7.06%
4 JPMorgan 2,522.43 19 6.66%
5 Goldman Sachs 2,198.98 18 5.81%

Bookrunners of Dollar Denominated HY Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 15,420.99 125 10.06%
2 Citi 13,883.41 115 9.06%
3 Bank of America Merrill Lynch 11,558.58 98 7.54%
4 Goldman Sachs 11,257.39 86 7.34%
5 Morgan Stanley 8,872.63 68 5.79%

Bookrunners of European Corporate IG Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 12,877.55 76 5.44%
2 SG Corporate & Investment Banking 12,737.36 56 5.38%
3 Citi 12,116.90 53 5.12%
4 Barclays 11,319.02 49 4.78%
5 HSBC 10,905.26 70 4.61%