Watermark
Go to Asia edition

Brexit ‘catastrophic’ for euro MTN houses

The UK’s decision to leave the European Union will have a “catastrophic” effect on MTN dealers specialising in the euro, according to bankers, but flows in dollars and Asian currencies should go some way to compensating.

  • By Lewis McLellan
  • 24 Jun 2016

“Investors are shocked,” said a German MTN banker. “The projects we were working on are now on hold as the buyside flocks to safe havens.”

While volatility in euros will mute that market for weeks, said bankers, the move in the euro/dollar basis swap will make dollars an ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial
Log in

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 Barclays 13,577.78 16 10.48%
2 Citi 12,045.36 19 9.30%
3 JPMorgan 11,945.26 17 9.22%
4 HSBC 10,316.86 14 7.96%
5 NatWest Markets 8,487.83 7 6.55%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 Citi 31,408.33 81 12.26%
2 JPMorgan 23,640.34 56 9.23%
3 HSBC 23,014.61 52 8.99%
4 Bank of America Merrill Lynch 19,800.14 58 7.73%
5 Deutsche Bank 19,121.36 29 7.47%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 JPMorgan 27,037.51 66 7.94%
2 Barclays 25,435.97 46 7.47%
3 UniCredit 25,297.29 63 7.43%
4 HSBC 23,482.89 81 6.89%
5 BNP Paribas 21,831.53 43 6.41%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 JPMorgan 59,631.02 334 6.98%
2 Citi 59,108.26 216 6.92%
3 HSBC 56,064.57 206 6.57%
4 Barclays 47,776.30 174 5.60%
5 Deutsche Bank 43,453.85 129 5.09%