Primary FIG market suffers sovereign and year end blues

The senior unsecured FIG market was devoid of primary deals again on Tuesday — and very light on secondary trading.

  • 30 Nov 2010

Weak secondary market moves, coupled with liquidity drying up towards year end, has made conditions almost impossible for new senior bank debt issues in euros, say bankers.

“We need a sharp improvement, which is unlikely to come in the next 48 hours,” said a FIG syndicate official of ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 9,899.53 85 5.95%
2 HSBC 9,526.96 48 5.72%
3 LBBW 8,393.04 48 5.04%
4 UBS 7,025.55 38 4.22%
5 Natixis 6,983.61 35 4.20%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 51,652.37 236 5.89%
2 Citi 51,283.99 275 5.85%
3 JPMorgan 50,163.35 257 5.72%
4 Morgan Stanley 37,332.94 210 4.26%
5 Goldman Sachs 34,865.62 304 3.98%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 42,087.70 194 11.18%
2 Citi 40,084.31 210 10.64%
3 JPMorgan 39,845.01 195 10.58%
4 Morgan Stanley 27,178.48 143 7.22%
5 Goldman Sachs 26,667.41 254 7.08%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 5,705.57 22 6.61%
2 LBBW 5,403.66 21 6.26%
3 HSBC 5,076.13 19 5.88%
4 Credit Agricole CIB 4,965.07 22 5.75%
5 Deutsche Bank 4,872.38 17 5.64%

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 6,110.54 14 14.47%
2 UBS 4,173.38 19 9.88%
3 BNP Paribas 3,846.71 16 9.11%
4 Credit Agricole CIB 3,549.81 11 8.41%
5 HSBC 2,155.16 15 5.10%