Bond Comments

• Land NRW EUR1.5bn 0.2% Jan 51

• UK GBP6.5bn 0.875% Jan 46

• Cades GBP1.5bn 0.125% Dec 25 social bond

• France EUR7bn 0.5% May 72

• NWB EUR500m 0% Feb 37

• EIB EUR1bn FRN Jan 28

• AIIB USD3bn 0.5% Jan 26 sustainable development bond

• Banque Fédérative du Crédit Mutuel GBP400m 0.875% Dec 27

• Erste Group Bank EUR500m 0.25% Jan 31

• SNCF SA EUR1.5bn 1% Jan 61

• Spain EUR10bn 0.1% Apr 31

• CEB EUR1bn 0% Jan 31

• World Bank EUR2bn 0.2% Jan 61

• NIB USD1.25bn 0.5% Jan 26

• EFSF EUR3bn 0% Jan 31, EFSF EUR2bn 0.05% Jan 52

All International Bonds

Rank	Lead Manager	Amount $bn	No of issues	Share %
View full table For detailed analysis:
Last updated Today
1	JPMorgan	28.16	118	8.09%
2	Citi	27.35	87	7.86%
3	BofA Securities	20.32	74	5.84%
4	BNP Paribas	19.76	67	5.68%
5	HSBC	19.56	72	5.62%

Bookrunners of All Syndicated Loans EMEA

Rank	Lead Manager	Amount $bn	No of issues	Share %
View full table For detailed analysis:
Last updated Today
1	BNP Paribas	60.87	123	14.06%
2	Credit Agricole CIB	28.59	93	6.60%
3	Santander	25.41	90	5.87%
4	JPMorgan	23.88	61	5.52%
5	UniCredit	21.51	103	4.97%

Bookrunners of all EMEA ECM Issuance

Rank	Lead Manager	Amount $bn	No of issues	Share %
View full table For detailed analysis:
Last updated Today
1	Morgan Stanley	0.94	4	13.47%
2	Goldman Sachs	0.78	5	11.09%
3	Credit Suisse	0.67	3	9.64%
4	HSBC	0.61	3	8.77%
5	BofA Securities	0.61	2	8.70%