Korean sukuk interest fades as parliament procrastinates

Korean banks and lawyers this week expressed scepticism about the immediate prospects for Islamic bond issues from the country, citing delays in legislation and a loss of issuer interest in the product.

  • 03 Dec 2009

The Korean parliament is considering an Islamic bond law which bankers thought could open up the Islamic bond market to Korean borrowers by as early as February. But that now looks far too ambitious.

"Everybody thought the law would be passed in December, but there are too many complex ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 6,183.34 29 6.44%
2 UniCredit 5,757.33 48 5.99%
3 LBBW 5,650.96 32 5.88%
4 Natixis 4,708.38 22 4.90%
5 Credit Agricole CIB 4,632.01 23 4.82%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 24,468.24 117 6.95%
2 JPMorgan 23,260.47 101 6.61%
3 Bank of America Merrill Lynch 21,814.41 86 6.20%
4 Morgan Stanley 19,242.41 100 5.47%
5 Goldman Sachs 17,708.18 153 5.03%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 20,117.92 73 11.17%
2 Citi 19,547.68 92 10.86%
3 JPMorgan 18,561.22 80 10.31%
4 Morgan Stanley 16,159.37 75 8.98%
5 Goldman Sachs 15,187.28 135 8.44%

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 14.01%
2 UBS 3,066.95 9 13.07%
3 Barclays 2,579.55 5 11.00%
4 BNP Paribas 2,246.30 9 9.57%
5 HSBC 1,533.23 10 6.54%