SSAs struggle for prominence in crowded market

A veritable flood of SSA issuers have piled into the market to get deals away this week. SFEF is trying its luck in the dollar market for the first time, the European Investment Bank has re-opened the five year dollar sector and Finland has printed its first in the currency since 2004. Taking centre-stage in the euro market is the Hellenic Republic which, following its downgrade last week, printed Eu5.5bn five year at 260bp over mid-swaps. Cades, Bank Nederlandse Gemeenten, EIB and KfW are also in the market, all in the two year maturity, while Agence Francaise de Developpement is testing appetite at the longer end.

  • 21 Jan 2009
French agency SFEF is trying its luck in the dollar market for the very first time with a minimum $3bn three year to be priced at mid-swaps plus 35bp-40bp. The European Investment Bank has re-opened the five year dollar sector for the first time this year with a ...

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.

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 229,400.82 1038 8.26%
2 Citi 214,044.42 891 7.71%
3 Bank of America Merrill Lynch 178,387.58 739 6.42%
4 Barclays 167,949.72 691 6.05%
5 HSBC 136,723.94 748 4.92%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 28,097.02 113 7.90%
2 Credit Agricole CIB 26,053.43 108 7.33%
3 JPMorgan 22,052.77 54 6.20%
4 Bank of America Merrill Lynch 21,672.09 56 6.10%
5 SG Corporate & Investment Banking 17,266.33 82 4.86%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 7,509.08 37 9.66%
2 JPMorgan 7,363.27 46 9.47%
3 Goldman Sachs 6,842.44 35 8.80%
4 Citi 5,763.97 41 7.42%
5 UBS 4,691.07 23 6.04%