Westpac exploits untapped seven year curve

After a busy Wednesday, two banks tapped the senior unsecured market on Thursday. Westpac closed a Eu1bn seven year bond and Italy’s Credito Valtellinese sold a 2.5 year deal.

  • 19 May 2011

Bankers were full of praise for yesterday’s transactions but many were still scratching their heads as to why KBC Ifima’s 4.5 year note had struggled to find demand.

Lead managers BNP Paribas, Deutsche Bank and UBS closed books just before lunchtime on Westpac’s seven year benchmark, fixing the size at Eu1bn. EuroWeek ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 10,283.03 88 6.01%
2 HSBC 9,924.14 51 5.80%
3 LBBW 8,393.04 48 4.91%
4 Natixis 7,239.94 37 4.23%
5 UBS 7,025.55 38 4.11%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 55,206.99 242 6.02%
2 JPMorgan 53,037.59 274 5.79%
3 Citi 52,245.64 280 5.70%
4 Morgan Stanley 41,917.38 224 4.57%
5 HSBC 36,375.06 225 3.97%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 45,511.73 199 11.49%
2 JPMorgan 42,465.36 210 10.72%
3 Citi 41,045.97 215 10.36%
4 Morgan Stanley 31,427.16 153 7.94%
5 Goldman Sachs 27,936.22 261 7.05%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 5,939.43 23 6.77%
2 LBBW 5,403.66 21 6.16%
3 UniCredit 5,082.55 24 5.79%
4 HSBC 5,076.13 19 5.78%
5 Credit Agricole CIB 4,965.07 22 5.66%

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 Barclays 6,170.54 15 14.33%
2 UBS 4,233.38 20 9.83%
3 BNP Paribas 3,846.71 16 8.93%
4 Credit Agricole CIB 3,549.81 11 8.24%
5 HSBC 2,321.22 16 5.39%