Indian I-Rate Options Expected By Year-End

Derivatives professionals in India expect a domestic interest rate options market to take off by the end of the year.

  • 22 Apr 2005
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Derivatives professionals in India expect a domestic interest rate options market to take off by the end of the year. "Change is in the air," said a senior official at a European bank. Market liberalization is gaining momentum, following positive remarks made by the finance minister about over-the-counter derivatives in the annual budget speech (DW, 3/4).

The onshore interest rate swap market continues to grow and an onshore FX options market has taken flight since late 2003 (DW, 7/13/03). Interest rate options are seen as the next step in market development, potentially to be followed by credit derivatives in the coming years, noted fixed income traders.

  • 22 Apr 2005

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 302,654.45 1175 8.04%
2 JPMorgan 295,926.30 1292 7.86%
3 Bank of America Merrill Lynch 277,651.59 935 7.38%
4 Barclays 229,979.10 854 6.11%
5 Goldman Sachs 205,171.65 674 5.45%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 43,227.81 174 7.06%
2 JPMorgan 38,825.76 78 6.34%
3 Credit Agricole CIB 33,071.14 158 5.40%
4 UniCredit 32,342.86 144 5.28%
5 SG Corporate & Investment Banking 31,330.98 120 5.12%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,022.65 55 9.04%
2 Goldman Sachs 12,059.06 58 8.37%
3 Citi 9,451.48 53 6.56%
4 Morgan Stanley 8,054.41 48 5.59%
5 UBS 7,829.15 30 5.44%