Deutsche Bank Taps Synthetic RMBS

Deutsche Bank has issued a USD1 billion static synthetic collateralized debt obligation, referencing USD958 million of residential mortgage-backed securities.

  • 12 May 2006
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Deutsche Bank has issued a USD1 billion static synthetic collateralized debt obligation, referencing USD958 million of residential mortgage-backed securities. The deal, called Static Residential CDO 2006-A Ltd., is the fourth in a series and provides for pay-as-you go settlement or physical delivery upon a credit event. Rick Michalek, analyst on the deal at Moody's Investors Service in New York, said offering an option for either PAUG or physical settlement is becoming more common as investors get more familiar with the mechanics. Officials at Deutsche Bank did not immediately return phone calls.

  • 12 May 2006

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 414,341.60 1584 9.03%
2 JPMorgan 377,311.36 1724 8.23%
3 Bank of America Merrill Lynch 358,416.32 1295 7.81%
4 Goldman Sachs 266,063.47 914 5.80%
5 Barclays 264,598.20 1056 5.77%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 44,979.63 190 6.72%
2 Deutsche Bank 37,019.66 134 5.53%
3 BNP Paribas 35,303.69 205 5.28%
4 JPMorgan 33,752.71 110 5.04%
5 Bank of America Merrill Lynch 32,865.23 106 4.91%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 22,398.41 104 8.72%
2 Morgan Stanley 18,608.72 99 7.25%
3 Citi 17,768.49 110 6.92%
4 UBS 17,372.80 70 6.77%
5 Goldman Sachs 17,228.66 97 6.71%