Top News

  • Deutsche Pbb to tap sterling market for senior paper

    Deutsche Pfandbriefbank announced on Friday that it is planning to meet investors in the sterling market next week to gauge appetite for a possible senior preferred bond.

    • 16 Aug 2019
  • Swiss Pfandbrief go negative out to 30 years

    Yields continued to tumble in the Swiss franc bond market this week with Pfandbriefbank issuing the first 30 year covered bond to be sold with a negative yield, following Münchener Hypothekenbank (MünHyp) striking a new record low for covered bond yields with a nine year trade.

    • 15 Aug 2019
  • Salvini snaps to send Italian capital markets into a spin

    An impressive rally in Italian risk assets has been completely overturned this week, as Italy descended into political chaos. Some market participants now fear a repeat of last year, when Italian issuers were frozen out of debt and equity markets as the country’s government fought with the European Commission over its annual budget targets. Tyler Davies and Sam Kerr report.

    • 15 Aug 2019
  • Issuers in wait-and-see mode after poor primary performance

    Market participants are confident that FIG issuance will pick up next week but there are concerns around secondary performance. They are likely to pay close attention to how this week’s deals from Goldman Sachs and Credit Suisse fare before marketing their own.

    • 15 Aug 2019
  • Polish mortgage law has ‘significant adverse effects’

    A draft Polish law, requiring the written consent of property owners to transfer mortgages, would have “significant adverse effects on Polish banks’ funding” said the European Central Bank, with respect to the covered bond and securitization markets. However, a legal expert said there would be no direct impact on covered bonds.

    • 15 Aug 2019
  • CS attracts hefty AT1 demand but struggles for price compression

    Credit Suisse sold a dollar-denominated additional tier one (AT1) bond on Wednesday. Despite hefty demand for the notes, the issuer only revised the pricing by a small margin as market turmoil increased through the day.

    • 15 Aug 2019
 

Latest News


  • Deutsche Pbb to tap sterling market for senior paper

    Deutsche Pfandbriefbank announced on Friday that it is planning to meet investors in the sterling market next week to gauge appetite for a possible senior preferred bond.

    • 16 Aug 2019
  • Latvia to wind up second bank in two years after ECB decision

    The European Central Bank said on Thursday that AS PNB Banka was "failing or likely to fail", marking the second time in as many years that a Latvian bank has been declared insolvent.

    • 16 Aug 2019
  • People moves in brief

    Bank of America Merrill Lynch hires fintech chief — Perella Weinberg builds European restructuring team — UniCredit finds SSA trading boss.

    • 15 Aug 2019
  • Swiss Pfandbrief go negative out to 30 years

    Yields continued to tumble in the Swiss franc bond market this week with Pfandbriefbank issuing the first 30 year covered bond to be sold with a negative yield, following Münchener Hypothekenbank (MünHyp) striking a new record low for covered bond yields with a nine year trade.

    • 15 Aug 2019
  • Polish mortgage law has ‘significant adverse effects’

    A draft Polish law, requiring the written consent of property owners to transfer mortgages, would have “significant adverse effects on Polish banks’ funding” said the European Central Bank, with respect to the covered bond and securitization markets. However, a legal expert said there would be no direct impact on covered bonds.

    • 15 Aug 2019
  • Salvini snaps to send Italian capital markets into a spin

    An impressive rally in Italian risk assets has been completely overturned this week, as Italy descended into political chaos. Some market participants now fear a repeat of last year, when Italian issuers were frozen out of debt and equity markets as the country’s government fought with the European Commission over its annual budget targets. Tyler Davies and Sam Kerr report.

    • 15 Aug 2019
  • Issuers in wait-and-see mode after poor primary performance

    Market participants are confident that FIG issuance will pick up next week but there are concerns around secondary performance. They are likely to pay close attention to how this week’s deals from Goldman Sachs and Credit Suisse fare before marketing their own.

    • 15 Aug 2019
  • HSBC’s Tucker and Stevenson ramp up the pressure

    HSBC’s chief executive was dislodged by the force of the challenges facing the bank. Now, its global markets division is under pressure as senior management continues with reform, writes David Rothnie.

    • 15 Aug 2019
  • SparVest brings 'sophisticated' green framework

    Sparebanken Vest (SparVest) on Thursday became the fourth Norwegian bank to publish a green bond framework and one of the first to publish a framework that is aligned with the European Union’s proposed standards for green bonds.

    • 15 Aug 2019
  • CS attracts hefty AT1 demand but struggles for price compression

    Credit Suisse sold a dollar-denominated additional tier one (AT1) bond on Wednesday. Despite hefty demand for the notes, the issuer only revised the pricing by a small margin as market turmoil increased through the day.

    • 15 Aug 2019

See More Stories



The GlobalCapital View logo   Comment

  • Italian banks: it's all political

    Political chaos in Italy disguises the progress made turning around the country’s banking sector.

    • 15 Aug 2019
  • A real summer break will do Asian bond market good

    Volatility has hurt secondary spreads and primary deal flow in the Asian bond market but really it is no bad thing. A quiet month is just what the market needs after an overwhelming amount of supply so far this year.

    • 13 Aug 2019

more comment

FIG Priced Deals Database

IssuerSizeType
Capital One Financial Corp750senior
Capital One Financial Corp500senior
Hamburg Commercial Bank500senior
Crédit Mutuel Arkéa500non-preferred senior
Erste Group500non-preferred senior
National Australia Bank750senior
National Australia Bank500senior
HSBC France1000senior
Bank of America125011NC10 senior
Bank of America12507NC6 senior


Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 59,952.99 273 6.02%
2 JPMorgan 58,540.64 307 5.88%
3 Citi 54,631.10 308 5.49%
4 Morgan Stanley 46,055.63 247 4.63%
5 Goldman Sachs 40,887.95 358 4.11%

Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 10,283.03 88 5.81%
2 HSBC 10,220.20 53 5.78%
3 LBBW 8,393.04 48 4.74%
4 Natixis 7,239.94 37 4.09%
5 Barclays 7,218.44 37 4.08%

Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 10,283.03 88 5.81%
2 HSBC 10,220.20 53 5.78%
3 LBBW 8,393.04 48 4.74%
4 Natixis 7,239.94 37 4.09%
5 Barclays 7,218.44 37 4.08%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 59,952.99 273 6.02%
2 JPMorgan 58,540.64 307 5.88%
3 Citi 54,631.10 308 5.49%
4 Morgan Stanley 46,055.63 247 4.63%
5 Goldman Sachs 40,887.95 358 4.11%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 49,144.70 229 11.28%
2 JPMorgan 47,098.24 238 10.81%
3 Citi 43,129.12 240 9.90%
4 Morgan Stanley 35,486.82 174 8.14%
5 Goldman Sachs 31,020.38 303 7.12%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 5,939.43 23 6.77%
2 LBBW 5,403.66 21 6.16%
3 UniCredit 5,082.55 24 5.79%
4 HSBC 5,076.13 19 5.78%
5 Credit Agricole CIB 4,965.07 22 5.66%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 Morgan Stanley 365.83 497 7.62%
2 JPMorgan 332.66 618 6.92%
3 Bank of America Merrill Lynch 299.89 590 6.24%
4 Goldman Sachs 276.71 375 5.76%
5 Citi 264.54 592 5.51%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Barclays 6,170.54 15 13.55%
2 UBS 4,233.38 20 9.30%
3 BNP Paribas 3,880.04 17 8.52%
4 Credit Agricole CIB 3,549.81 11 7.80%
5 Credit Suisse 2,989.22 12 6.57%