Philippines begins buyback after peso return

The Republic of the Philippines returned to the global peso bond market last week, bringing in the money it needs to buy back a swathe of outstanding bonds.

  • 16 Nov 2012

The transaction is unlikely to spark synthetic deals from other sovereigns but issuance from Philippine corporations is possible, said bankers.

Bookrunners Credit Suisse, Deutsche Bank and HSBC sold a 10 year global peso deal worth $750m (Ps30.8bn) for the sovereign on November 9. The bond is denominated in dollars, ...

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European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 15,293.97 23 10.03%
2 Barclays 15,041.98 19 9.87%
3 Citi 12,831.69 22 8.42%
4 HSBC 11,347.34 16 7.44%
5 BNP Paribas 9,566.00 13 6.27%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 38,458.62 103 12.25%
2 JPMorgan 28,157.22 75 8.97%
3 HSBC 25,995.51 64 8.28%
4 Bank of America Merrill Lynch 25,330.13 73 8.07%
5 Goldman Sachs 21,942.20 50 6.99%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 34,739.07 88 8.48%
2 Barclays 31,192.90 58 7.61%
3 UniCredit 28,799.89 78 7.03%
4 HSBC 28,228.96 102 6.89%
5 BNP Paribas 26,244.99 62 6.41%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 75,004.61 421 7.11%
2 Citi 71,316.92 260 6.76%
3 HSBC 65,342.45 255 6.20%
4 Barclays 57,933.89 215 5.49%
5 Deutsche Bank 48,030.72 151 4.56%