Euro crisis solution 1: Eurobonds

The idea of a common bond to finance all of the eurozone sovereigns has been talked of in the vaguest terms for some time but little detail has been forthcoming. Natixis is one bank that has put together a scheme which could act as a blueprint for common bond issuance to finance sovereign debt in the eurozone.

  • 18 Nov 2011
The benefits of a single issuer guaranteed by all eurozone members to countries struggling to finance themselves are obvious. They would instantly, in theory, slash their borrowing costs and regain market access. For the current safe haven countries, the trade off for slightly higher borrowing costs is the ...

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European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 3,125.51 3 6.77%
2 Barclays 2,461.72 2 5.33%
3 Citi 2,295.51 5 4.97%
4 NatWest Markets 1,795.79 1 3.89%
4 Intesa Sanpaolo SpA 1,795.79 1 3.89%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 7,345.04 5 14.88%
2 Deutsche Bank 6,126.48 5 12.41%
3 Goldman Sachs 5,848.17 7 11.85%
4 Citi 5,642.73 5 11.43%
5 JPMorgan 4,286.54 5 8.68%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 6,654.29 5 7.00%
2 JPMorgan 4,728.28 6 4.98%
3 UniCredit 4,581.06 5 4.82%
4 Credit Agricole CIB 4,509.26 4 4.75%
5 Goldman Sachs 3,813.29 4 4.01%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 9,709.07 26 8.93%
2 Goldman Sachs 9,661.46 11 8.88%
3 JPMorgan 9,661.37 19 8.88%
4 HSBC 8,871.46 11 8.16%
5 Barclays 8,617.29 8 7.92%