Euribor/Eonia spread now ‘irrelevant’

The Euribor/Eonia spread should not be used to gauge sentiment in interbank lending, the head of euro commercial paper (CP) at a European bank has warned.

  • 02 Mar 2012
The spread rose on Thursday for the first time since January, sounding the alarm that banks’ willingness to lend to one another had decreased, despite the European Central Bank’s second three year long term refinancing operation (LTRO) on Wednesday (see separate story). However, this does not reflect reality ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 6,314.80 30 6.51%
2 UniCredit 5,757.33 48 5.94%
3 LBBW 5,650.96 32 5.83%
4 Natixis 4,708.38 22 4.85%
5 Credit Agricole CIB 4,632.01 23 4.78%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 25,438.29 122 6.99%
2 JPMorgan 24,499.20 108 6.73%
3 Bank of America Merrill Lynch 22,347.02 90 6.14%
4 Morgan Stanley 19,861.29 104 5.46%
5 Goldman Sachs 18,121.76 154 4.98%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 20,187.92 74 10.87%
2 Citi 20,179.64 96 10.87%
3 JPMorgan 19,509.84 85 10.51%
4 Morgan Stanley 16,529.18 77 8.90%
5 Goldman Sachs 15,636.39 136 8.42%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 3,944.55 14 7.40%
2 HSBC 3,694.64 13 6.93%
3 LBBW 3,692.39 14 6.93%
4 Credit Agricole CIB 3,687.68 15 6.92%
5 Deutsche Bank 3,304.65 12 6.20%

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 Credit Agricole CIB 3,286.19 8 13.90%
2 UBS 3,110.84 10 13.15%
3 Barclays 2,579.55 5 10.91%
4 BNP Paribas 2,246.30 9 9.50%
5 HSBC 1,533.23 10 6.48%