FIG

Latest News

  • BCP targets tier two buckets in Friday window

    BCP targets tier two buckets in Friday window

    Banco Comercial Português found room to launch a new tier two instrument in the euro market on Friday, raising €450m with its second subordinated bond offering of the year.

  • Covered bonds to lead FIG tighter

    Covered bonds to lead FIG tighter

    Although the European Central Bank (ECB) hasn’t said yet how it intends to split buying across the €20bn of net asset purchases that it plans on making each month, it is likely covered bonds will form an integral part. And if covered bonds tighten, that probably means much else will be dragged along for the ride.

  • ECB breathes life into FIG as investors prepare for infinite QE

    ECB breathes life into FIG as investors prepare for infinite QE

    Investors bid a warm welcome to a heap of new bonds from financial institutions this week, spurred on by the knowledge that the European Central Bank would soon be back as one of the biggest buyers in the market. Bill Thornhill and Tyler Davies report.

  • SoftBank derisks Wirecard investment with startling CB arb

    SoftBank derisks Wirecard investment with startling CB arb

    SoftBank, the Japanese technology conglomerate, astonished equity-linked bond market participants this week by executing a deft trade, arranged by Credit Suisse, that recovered all its €900m investment in Wirecard, the controversial German payments processing company, while leaving it with upside. Aidan Gregory and Jon Hay report.


Trending in FIG

  • SoftBank derisks Wirecard investment with startling CB arb

    SoftBank derisks Wirecard investment with startling CB arb

    SoftBank, the Japanese technology conglomerate, astonished equity-linked bond market participants this week by executing a deft trade, arranged by Credit Suisse, that recovered all its €900m investment in Wirecard, the controversial German payments processing company, while leaving it with upside. Aidan Gregory and Jon Hay report.

Senior Debt

More Stories

People & Markets

More Stories

Comment

In Depth

  • Capital markets divided as ECB wheels out big guns once more

    There was a mixed bag of views across the capital markets after the European Central Bank unleashed a new comprehensive stimulus package on Thursday, comprising restarting net bond buying, a rate cut and a tiered deposit rate system for banks.

  • Brexit stupefies investors as Bank of Ireland misjudges mood

    Bank of Ireland was unable to complete the sale of a tier two transaction this week, after the UK Parliament descended in chaos. Bond buyers have by and large taken a pragmatic approach during Brexit negotiations, but market participants said that on this occasion the Irish issuer had “misjudged” how nervous investors were, writes David Freitas.

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
1 73,204.36 371 6.09%
2 69,564.17 331 5.79%
3 63,983.51 361 5.32%
4 56,242.30 296 4.68%
5 49,250.67 418 4.10%

Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
1 11,694.44 97 6.03%
2 11,111.48 60 5.73%
3 9,011.90 53 4.65%
4 8,078.41 47 4.16%
5 7,644.64 40 3.94%