Bond Comments

• UniCredit €1.25bn 1.2% Jan 26 6NC5, €750m 1.8% Jan 30 bail-in senior

• Banca Monte dei Paschi di Siena €400m 8% 10NC5 tier two

• IDA GBP1.5bn 0.75% Dec 24

• Italy EUR7bn 2.45% Sep 50

• Belgium EUR6bn 0.1% Jun 30

• CEB EUR1bn 0.05% Jan 30

• KfW USD5bn 1.625% Feb 23

• Cyprus EUR1bn 0.625% Jan 30, EUR750m 1.25% Jan 40

• EFSF EUR3bn 0.7% Jan 50

• Spain EUR10bn 0.5% Apr 30

• UBI Banca EUR400m 5.875% PNC Jun 25 AT1

• Banco BPM EUR400m 6.125% PNC5 AT1

• Veon USD300m tap of USD 4% Apr 25

• TSKB USD400m 6% Jan 20

• First Abu Dhabi Bank USD500m 2.526% Jan 25

All International Bonds

Rank	Lead Manager	Amount $bn	No of issues	Share %
View full table For detailed analysis:
Last updated Today
1	Citi	29.61	88	8.60%
2	JPMorgan	23.76	85	6.90%
3	Barclays	20.64	81	5.99%
4	BofA Securities	19.82	71	5.76%
5	BNP Paribas	16.27	62	4.73%

Bookrunners of All Syndicated Loans EMEA

Rank	Lead Manager	Amount $bn	No of issues	Share %
View full table For detailed analysis:
Last updated Today
1	BNP Paribas	60.84	264	7.99%
2	Credit Agricole CIB	47.68	243	6.26%
3	JPMorgan	35.73	111	4.69%
4	SG Corporate & Investment Banking	34.28	171	4.50%
5	UniCredit	33.71	188	4.43%

Bookrunners of all EMEA ECM Issuance

Rank	Lead Manager	Amount $bn	No of issues	Share %
View full table For detailed analysis:
Last updated Today
1	Barclays	0.75	7	12.00%
2	Morgan Stanley	0.70	5	11.15%
3	JPMorgan	0.58	5	9.31%
4	Citi	0.48	4	7.75%
5	Goldman Sachs	0.43	3	6.92%