One Year Ago

Conduit commercial mortgage-backed securities were on a hot streak, as Morgan Stanley looked to sell triple-A rated bonds from a new deal at 105 basis points over swaps, a post-crisis record at the time.

  • 08 Mar 2013
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Conduit commercial mortgage-backed securities were on a hot streak, as Morgan Stanley looked to sell triple-A rated bonds from a new deal at 105 basis points over swaps, a post-crisis record at the time. [New-issue spreads on similar tranches from recent deals are now around swaps plus 85 bps, although that represents a widening of more than 10 basis points from tights achieved earlier in the year.]
  • 08 Mar 2013

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 14,443 29 18.07
2 Bank of America Merrill Lynch (BAML) 8,264 27 10.34
3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 117,261.12 337 11.09%
2 Bank of America Merrill Lynch 94,721.79 272 8.96%
3 JPMorgan 92,612.23 269 8.76%
4 Wells Fargo Securities 82,597.19 239 7.81%
5 Credit Suisse 69,442.99 183 6.57%