BofA Eyes Taiwan Credit Mart

Bank of America is preparing to enter the domestic Taiwan dollar credit derivatives market in the coming months.

  • 17 Dec 2004
Email a colleague
Request a PDF

Bank of America is preparing to enter the domestic Taiwan dollar credit derivatives market in the coming months. "This will be a major focus for us next year," said Joey Wang, treasurer in Taipei.

Wang said the firm will concentrate on yield-enhancing instruments, such as first-to-default baskets, for local financial institutions. This is part of the firm's wider push into Asian credit derivatives. As part of that it completed its first synthetic collateralized debt obligation in the region, a USD1 billion managed deal for Singapore's United Overseas Bank in April.

"More Japanese end users are getting comfortable with the product," said a trader at a bulge bracket house.

  • 17 Dec 2004

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 70,767.73 236 8.54%
2 JPMorgan 65,265.75 234 7.88%
3 Barclays 56,658.40 187 6.84%
4 Bank of America Merrill Lynch 49,197.71 178 5.94%
5 Deutsche Bank 44,635.32 162 5.39%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 6,812.19 7 16.21%
2 Deutsche Bank 3,538.77 6 8.42%
3 Citi 2,570.45 7 6.12%
4 Commerzbank Group 2,532.05 5 6.02%
5 BNP Paribas 1,798.71 8 4.28%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UBS 998.25 3 11.59%
2 Citi 801.18 3 9.31%
3 Morgan Stanley 606.80 4 7.05%
4 Bank of America Merrill Lynch 509.34 3 5.92%
5 SG Corporate & Investment Banking 431.66 3 5.01%