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 JPMorgan 20,817.74 56 8.80%
2 Citi 20,610.84 51 8.72%
3 Barclays 16,808.93 39 7.11%
4 HSBC 16,223.20 45 6.86%
5 BNP Paribas 14,082.74 30 5.95%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 56,371.71 236 6.79%
2 Credit Agricole CIB 50,115.87 240 6.03%
3 JPMorgan 46,785.38 108 5.63%
4 UniCredit 45,665.76 207 5.50%
5 SG Corporate & Investment Banking 43,321.52 173 5.21%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 114.77 1 17.52%
1 BNP Paribas 114.77 1 17.52%
3 Commerzbank Group 65.85 2 10.05%
4 Oakley Advisory Ltd 64.52 1 9.85%
4 Barclays 64.52 1 9.85%