Crédit Ag’ finds favour in fours and 20s

Crédit Agricole attracted strong demand for its four and 20 year two part covered bond on Friday, partly reflecting the prudent choice of tenors.

  • By Bill Thornhill
  • 21 Sep 2018

The €500m four year was priced at 9bp through mid-swaps with demand of €1bn from around 50 investors, while the €1bn 20 year was priced at 12bp over with demand of €1.5bn from around 60 investors.

Lead managers on the deal were BayernLB, Crédit Agricole, LBBW, ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 11,957.19 82 5.35%
2 HSBC 11,812.99 65 5.28%
3 LBBW 10,602.04 69 4.74%
4 Natixis 10,573.38 58 4.73%
5 UBS 10,527.02 56 4.71%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 77,132.37 330 6.17%
2 Citi 76,201.10 387 6.10%
3 Bank of America Merrill Lynch 74,653.42 293 5.98%
4 Goldman Sachs 69,816.41 579 5.59%
5 Morgan Stanley 64,803.92 361 5.19%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 63,271.72 232 10.70%
2 Bank of America Merrill Lynch 62,542.06 244 10.58%
3 Citi 59,326.59 289 10.04%
4 Goldman Sachs 53,047.08 514 8.97%
5 Morgan Stanley 50,259.44 280 8.50%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 7,713.92 29 7.27%
2 UniCredit 6,041.97 24 5.69%
3 LBBW 5,910.59 25 5.57%
4 Deutsche Bank 5,667.40 19 5.34%
5 Commerzbank Group 5,647.34 22 5.32%

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
  • Today
1 HSBC 7,584.11 21 12.82%
2 Barclays 4,776.16 18 8.08%
3 Credit Suisse 4,490.78 15 7.59%
4 BNP Paribas 4,171.68 19 7.05%
5 UBS 3,877.49 18 6.56%