Deutsche Bank To Launch Premiere iBoxx Deal

  • 09 Sep 2002
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Deutsche Bank plans to launch its first structured product based on the iBoxx index within the next two weeks. iBoxx is a European fixed-income index jointly compiled by seven market makers to provide transparent pricing of investment-grade corporate bonds. The five-year note will synthetically replicate the weightings of the entire corporate portion of the iBoxx index, which includes around 450 names, according to an official at Deutsche Bank.

The firm plans to issue a minimum of EUR50,000 in notes in denominations to investors of EUR500 million (USD495.73 million). The notes will have the exact market weighting of the iBoxx corporate index and will rebalance automatically without Deutsche Bank needing to reissue the notes.

ABN AMRO launched a credit-linked note which was referenced to the iBoxx index's 50 largest corporates by outstanding debt in July (DW, 7/1). It plans to increase the size of the note to EUR750 million from its original size of EUR500 million this week.

  • 09 Sep 2002

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 102,994.82 409 8.29%
2 Citi 96,697.47 362 7.78%
3 Barclays 82,826.79 294 6.66%
4 Bank of America Merrill Lynch 82,541.75 313 6.64%
5 HSBC 66,026.80 322 5.31%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 8,946.93 17 9.40%
2 Deutsche Bank 6,056.30 15 6.36%
3 Commerzbank Group 5,474.20 22 5.75%
4 BNP Paribas 5,160.94 25 5.42%
5 UniCredit 4,424.51 19 4.65%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 2,328.59 11 11.04%
2 Morgan Stanley 2,132.71 13 10.11%
3 Bank of America Merrill Lynch 1,598.67 7 7.58%
4 JPMorgan 1,544.99 8 7.32%
5 UBS 1,229.93 7 5.83%