Eurozone crisis — SSA update: Peripheral yields tank as IFC lines up

Spanish 10 year yields continued to rise on Tuesday morning as the sovereign prepared for an auction on Thursday. Yields for the country hovered between 6.23%-6.25%. Meanwhile, Italian yields rose above 7% again.

  • 15 Nov 2011

Bankers said that Spain had probably opted for an auction rather than a syndication because it was unsure how much investor demand there would be for Spanish paper. The borrower plans to raise up to €4bn of bonds due in January 2022.

“A syndication process is very much an ...

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European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,503.69 19 12.08%
2 Citi 10,922.82 15 9.77%
3 HSBC 10,438.07 12 9.34%
4 BNP Paribas 8,371.12 12 7.49%
5 Barclays 7,970.77 10 7.13%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 17,617.87 41 11.30%
2 JPMorgan 17,018.13 37 10.92%
3 Barclays 11,649.45 24 7.47%
4 HSBC 10,251.20 23 6.57%
5 Deutsche Bank 9,546.19 21 6.12%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 26,012.57 50 10.04%
2 HSBC 19,306.74 54 7.45%
3 Credit Agricole CIB 18,190.92 36 7.02%
4 BNP Paribas 18,161.36 34 7.01%
5 Barclays 17,200.83 35 6.64%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 46,979.40 196 8.06%
2 HSBC 39,074.93 136 6.71%
3 Citi 36,240.21 104 6.22%
4 Barclays 35,070.23 109 6.02%
5 Deutsche Bank 27,795.19 80 4.77%