BNZ kicks off Kiwi year in euros

Investors had their first chance this year to pick up New Zealand exposure in euros on Thursday, as BNZ International Funding Ltd launched a €500m five year at 54bp over mid-swaps.

  • 16 May 2013

Lead managers HSBC, JP Morgan, National Australia Bank and UBS put out initial guidance of mid-swaps plus low 60bp area, before revising to 57bp area and finally setting the spread at 54bp.

That approach drew praise from fellow bankers, who said the leads had started at a sensible level ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 5,239.87 22 7.08%
2 Barclays 4,135.60 21 5.59%
3 UniCredit 4,051.06 32 5.47%
4 LBBW 4,045.18 22 5.47%
5 Natixis 3,766.40 16 5.09%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 15,933.47 68 7.62%
2 JPMorgan 13,100.43 56 6.27%
3 Morgan Stanley 12,871.67 62 6.16%
4 Goldman Sachs 11,917.51 81 5.70%
5 BNP Paribas 11,455.48 34 5.48%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 11,811.28 46 10.83%
2 Citi 11,687.10 53 10.72%
3 Morgan Stanley 10,772.13 48 9.88%
4 Goldman Sachs 10,706.50 73 9.82%
5 Bank of America Merrill Lynch 9,767.97 37 8.96%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 3,255.83 11 7.35%
2 HSBC 3,089.99 10 6.97%
3 LBBW 3,017.42 12 6.81%
4 Barclays 2,870.45 11 6.48%
5 Credit Agricole CIB 2,847.49 11 6.43%

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 UBS 2,550.05 5 22.22%
2 Credit Agricole CIB 1,563.81 4 13.62%
3 HSBC 984.09 6 8.57%
4 Deutsche Bank 695.24 5 6.06%
5 Santander 660.14 4 5.75%