Deutsche, BPCE go long as spreads crunch

Top rated FIG borrowers took advantage of the best long-end funding rates on offer since the financial crisis this week, to print 10 and 11 year senior unsecured bonds. Deutsche Bank and Metropolitan Life sold 10 year bonds, while BPCE stretched to 11 years, as investors clamoured for the yields on offer with longer dated paper.

  • 11 Jan 2013

Deutsche Bank was first in the market, pre-announcing its deal ahead of the weekend to be first on the screens on Monday January 7.

"This is the most attractive level to issue 10 year debt for a long time, and we thought it made sense to take advantage ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 10,728.85 61 5.44%
2 UniCredit 9,811.25 71 4.98%
3 LBBW 9,637.48 64 4.89%
4 Natixis 9,284.51 48 4.71%
5 Commerzbank Group 9,151.46 56 4.64%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 71,525.09 300 6.39%
2 Bank of America Merrill Lynch 69,697.40 254 6.22%
3 Citi 68,065.51 332 6.08%
4 Goldman Sachs 63,502.02 516 5.67%
5 HSBC 58,885.74 268 5.26%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 58,641.47 209 10.88%
2 Bank of America Merrill Lynch 58,465.13 211 10.85%
3 Citi 54,463.73 254 10.11%
4 Goldman Sachs 47,604.00 456 8.84%
5 Morgan Stanley 45,516.35 249 8.45%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 6,934.65 26 7.33%
2 Commerzbank Group 5,481.12 21 5.80%
3 UniCredit 5,302.66 21 5.61%
4 Deutsche Bank 5,233.70 17 5.54%
5 LBBW 5,218.04 22 5.52%

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 HSBC 5,772.23 17 11.05%
2 Barclays 4,243.94 15 8.12%
3 Credit Suisse 4,111.44 13 7.87%
4 UBS 3,802.05 17 7.28%
5 BNP Paribas 3,641.74 15 6.97%