Secondary slow on back of pitiful primary

Investors disappointed with the tiny volumes of leveraged loan issuance in the European primary market are having little luck finding paper in the secondary market, said loan traders this week, as a dearth of new loans makes sellers a rare species in the aftermarket.

  • 11 May 2012
One investor said the aftermarket felt the quietest he had ever known it, and Markit’s secondary loan volume survey this week showed he was not far wrong: loan trading volume in Europe was down 11% year on year at €13.98bn for the first quarter of 2012 — the ...

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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%