BFCM jumps in at sterling’s deep end

Banque Fédérative du Crédit Mutuel was looking to lay the foundations of its sterling curve on Monday morning, and decided to jump straight into the market with a 10 year senior unsecured deal.

  • By Tom Porter
  • 09 Sep 2013

The French bank hired Lloyds and UBS to sell the deal, putting out initial price thoughts in the Gilts plus 155bp-160bp area just after 11am in London.

BFCM printed a £200m three year floating rate medium term note on May 8 at 60bp over three month Libor, but ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Jan 2018
1 Credit Suisse 1,824.93 10 6.61%
2 UniCredit 1,790.72 7 6.48%
3 UBS 1,701.70 9 6.16%
4 Barclays 1,685.27 6 6.10%
5 Natixis 1,548.71 6 5.61%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UBS 6,938.93 9 9.57%
2 Barclays 6,668.46 11 9.19%
3 Deutsche Bank 6,180.57 12 8.52%
4 BNP Paribas 4,901.31 8 6.76%
5 Credit Suisse 4,440.99 13 6.12%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 4,273.17 7 10.70%
2 Goldman Sachs 3,803.12 12 9.52%
3 Credit Suisse 3,710.14 9 9.29%
4 Citi 3,572.19 14 8.94%
5 Bank of America Merrill Lynch 3,163.57 14 7.92%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Jan 2018
1 LBBW 1,541.66 6 8.27%
2 UniCredit 1,509.32 6 8.09%
3 Natixis 1,399.99 5 7.51%
4 SG Corporate & Investment Banking 1,234.02 4 6.62%
5 UBS 1,224.32 4 6.57%

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 Credit Agricole CIB 1,031.57 1 31.38%
2 UBS 356.49 2 10.85%
2 Goldman Sachs 356.49 2 10.85%
2 Bank of America Merrill Lynch 356.49 2 10.85%
5 Lloyds Banking Group 249.35 1 7.59%