Samurai pipeline struggles amid cheap dollar funding

The volume of yen bonds issued by foreign borrowers was at the lowest level in the first quarter since 2006 due to an unfavourable basis swap environment. Global borrowers look set to stay away.

  • 05 Apr 2013

Japan witnessed only two Samurai bonds, or yen-denominated bonds sold by global issuers, in the first quarter of 2013, marking the lowest quarterly volume of such deals since the third quarter of 2006.

Bankers attributed the dearth of Samurai bond issues to the unfavourable basis swap environment and ...

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Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 69,037.80 316 9.75%
2 HSBC 63,451.76 367 8.96%
3 JPMorgan 58,604.72 253 8.28%
4 Deutsche Bank 32,827.09 139 4.64%
5 Standard Chartered Bank 30,983.80 220 4.38%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 20,172.62 62 14.30%
2 JPMorgan 16,300.95 61 11.56%
3 HSBC 15,707.62 42 11.13%
4 Bank of America Merrill Lynch 13,030.61 52 9.24%
5 Santander 11,734.03 47 8.32%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 26,997.79 92 13.21%
2 Citi 24,968.00 87 12.22%
3 HSBC 17,697.95 68 8.66%
4 Deutsche Bank 10,385.92 29 5.08%
5 Standard Chartered Bank 10,214.05 48 5.00%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 JPMorgan 195.08 50 10.55%
2 Goldman Sachs 162.26 37 8.77%
3 Morgan Stanley 141.22 46 7.64%
4 Bank of America Merrill Lynch 114.20 33 6.18%
5 Citi 95.36 35 5.16%

Bookrunners of Central and Eastern Europe: Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 ING 3,133.69 26 8.74%
2 UniCredit 2,986.04 23 8.33%
3 Credit Suisse 2,801.35 8 7.81%
4 Sumitomo Mitsui Financial Group 2,594.98 10 7.24%
5 SG Corporate & Investment Banking 2,301.01 20 6.42%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 AXIS Bank 12,906.34 183 21.46%
2 Standard Chartered Bank 5,841.86 48 9.71%
3 ICICI Bank 5,706.63 152 9.49%
4 Trust Investment Advisors 5,552.05 162 9.23%
5 HDFC Bank 2,786.90 77 4.63%