Preferred CDS Index To Launch

An index of credit-default swaps on preferred securities is set to start trading next month.

  • 16 Aug 2006
Email a colleague
Request a PDF
An index of credit-default swaps on preferred securities is set to start trading next month. PCDX will be run under the CDX credit derivatives index consortium, which currently includes indices of CDS on high-yield, investment-grade, cross-over and emerging market credits. It is being modeled on the CDX.IG.HVOL and will replace the Lehman Brothers PDX index, which started trading last September. Megan Philbin, hybrid capital trader at Lehman in New York and Lehman representative to the 11-dealer working group, said the composition of the PCDX will not be decided until about a week before its launch. It is likely to include between 40 and 60 names, she added.  
  • 16 Aug 2006

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 330,488.64 1282 8.09%
2 JPMorgan 322,584.56 1394 7.90%
3 Bank of America Merrill Lynch 296,928.01 1015 7.27%
4 Barclays 249,873.33 927 6.12%
5 Goldman Sachs 220,211.32 736 5.39%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 46,112.22 182 6.98%
2 JPMorgan 44,545.29 93 6.74%
3 UniCredit 35,639.50 153 5.39%
4 Credit Agricole CIB 33,211.72 160 5.03%
5 SG Corporate & Investment Banking 32,419.80 126 4.91%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,792.73 61 8.96%
2 Goldman Sachs 13,469.15 66 8.75%
3 Citi 9,716.40 55 6.31%
4 Morgan Stanley 8,471.86 53 5.50%
5 UBS 8,248.12 34 5.36%