April 09, 2018 | Cbonds
Cbonds News Agency has published league tables for underwriters of Russian bonded loans for the first quarter of 2018. The total volume of transactions included in the league tables grew by 67% compared to the same period last year and amounted to 466.634 billion rubles.
Gazprombank headed league tables for underwriters of Russian bonds in the first quarter. Investbank participated in 22 issues from 15 issuers for a total of 104.564 billion rubles.
Sberbank CIB, which participated in 20 issues from 14 issuers (the total volume of deals amounted to 81.156 billion rubles), took the second place.
The third position went to VTB Capital for its participation in 15 issues from 11 issuers for the amount of 50.375 billion rubles). The top five included Rosselkhozbank (participation in 6 issues from 5 issuers for a total of 45.4 billion rubles) and Sovcombank (8 issues from 6 issuers for 40.334 billion rubles). In total, the share of the top-5 underwriters is, according to Cbonds, 70.47% of the market.
According to Cbonds, in the league tables of bonds underwriters, financial organizations are included, which, during the placement of bonds, gave a guarantee for the placement of a certain issue size and have the status of an arranger, co-arranger, underwriter or co-underwriter. The actually placed volume of bonds is taken into account in the league tables.
You can find the full league table at the following link.
Company: Cbonds Group
|Full company name||Cbonds Ltd|
|Country of risk||Russia|
|Industry||Information and High Technologies|