Philippines goes long with third bond of year

The Republic of the Philippines priced its third global bond of the year late last Friday (October 16), taking advantage of growing demand for long-term paper to fund a widening budget deficit with another swiftly-executed deal.

  • 22 Oct 2009

The $1bn bond due 2034 was announced and priced within 24 hours after drawing orders worth over $5bn, allowing Ba3/BB-/BB rated Philippines to build on its reputation for quick and smoothly-executed new issues.

The new bonds mature on October 23, 2034, and were priced at the tight end of ...

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European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 9,951.14 12 13.89%
2 Citi 7,280.23 9 10.16%
3 HSBC 5,813.76 5 8.12%
4 BNP Paribas 5,802.58 8 8.10%
5 Barclays 5,746.99 7 8.02%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 Citi 9,140.46 20 12.14%
2 JPMorgan 8,485.94 17 11.27%
3 Barclays 7,215.80 13 9.59%
4 Bank of America Merrill Lynch 5,863.94 19 7.79%
5 HSBC 5,764.61 9 7.66%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 15,490.59 23 10.80%
2 Credit Agricole CIB 13,234.00 19 9.23%
3 HSBC 11,122.63 22 7.76%
4 Goldman Sachs 10,202.29 12 7.12%
5 Barclays 10,190.11 13 7.11%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 25,056.38 73 8.77%
2 Barclays 21,533.79 49 7.54%
3 HSBC 20,609.20 56 7.21%
4 Citi 19,220.14 43 6.73%
5 Bank of America Merrill Lynch 16,931.81 46 5.92%