ABN, Deutsche Bank Get Nod For Taiwan Warrant Launch

  • 26 Aug 2002
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ABN AMRO and Deutsche Bank are looking to issue warrants in Taiwan for the first time before year-end after recently receiving licenses from the Securities and Futures Commission. "There's definitely demand," said an official at ABN. "They're big names and should attract investors", said Ching-Pin Liou, head of derivatives at Yuan Ta Securities in Taipei, a domestic warrant issuer.

Merrill Lynch and Société Générale are the only international firms to have Taiwan warrant licenses at the moment (DW, 10/21). Liou added that warrant issuance has slowed in recent months to about four or five warrants per month, given the poor performance of global equities. He noted that with more international players joining the fray, the market could easily pick up by 10 to 20%. Minimum lot sizes are 20,000 shares.

A trader at Deutsche Bank said the firm will likely issue warrants before year end, declining further comment.

  • 26 Aug 2002

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 281,642.23 1086 8.16%
2 JPMorgan 270,584.56 1179 7.84%
3 Bank of America Merrill Lynch 253,429.76 853 7.34%
4 Barclays 210,456.38 780 6.09%
5 Goldman Sachs 188,752.91 614 5.47%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 37,171.06 156 6.65%
2 JPMorgan 34,910.99 67 6.25%
3 SG Corporate & Investment Banking 30,338.70 112 5.43%
4 UniCredit 29,482.91 134 5.28%
5 Credit Agricole CIB 27,998.53 136 5.01%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 11,322.29 47 9.04%
2 Goldman Sachs 10,369.68 49 8.28%
3 Citi 9,134.57 51 7.29%
4 UBS 6,515.43 25 5.20%
5 Morgan Stanley 6,459.47 42 5.16%