Euroblog: thanks for nothing, VTB Capital

If the date of one major capital markets event in Russia is anything to go by, the locals have given up on attracting US investors all together.

  • By Francesca Young
  • 12 Jun 2019
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US-based emerging markets investors will have a tough choice to make in November as the date of one of Russia’s biggest capital markets conferences has been set to clash with Thanksgiving.

It seems that Russia's state-owned, VTB Capital, the investment banking sister arm of the US-sanctioned VTB Bank, sees no point in hoping anyone from the US shows up. It has set its big Moscow shindig for the same day as most Americans are loading up on roast turkey and candied yams.

The threat of further US sanctions looms over Russian borrowers and the scheduling of the event might suggest that VTB Capital is keen to tell those in Washington, DC that they can do perfectly well without US money.

Either way, the event is now only likely to attract bond marketeers who hate a turkey, which in one sense at least, is all of them.

  • By Francesca Young
  • 12 Jun 2019

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 255,554.16 1146 8.47%
2 Citi 232,791.64 969 7.71%
3 Bank of America Merrill Lynch 199,027.99 814 6.59%
4 Barclays 184,008.42 751 6.10%
5 HSBC 144,676.82 801 4.79%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 31,283.69 132 7.81%
2 Credit Agricole CIB 27,347.56 115 6.83%
3 JPMorgan 23,350.32 62 5.83%
4 Bank of America Merrill Lynch 22,698.09 61 5.67%
5 UniCredit 19,891.92 110 4.97%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 8,160.55 49 10.10%
2 Morgan Stanley 7,744.92 38 9.59%
3 Goldman Sachs 6,966.15 37 8.62%
4 Citi 5,856.44 44 7.25%
5 UBS 4,820.17 25 5.97%