| Leading bookrunners of Luxembourg franc issues 1997/98 |
|
|
Lfr bn |
issues |
| 1 |
Banque Générale du Luxemboug |
52 |
25 |
| 2 |
Banque Internationale à Luxembourg |
47 |
25 |
| 3 |
Banque et Caisse d'Epargne de l'Etat |
40 |
20 |
| 4 |
Banque Bruxelles Lambert |
27 |
13 |
| 5 |
Bancob Savings Bank |
13 |
6 |
| 6 |
Kredietbank |
8 |
5 |
| 7 |
ABN Amro |
6 |
3 |
| 8 |
Paribas |
6 |
3 |
| 9 |
Cera |
5 |
3 |
| 10 |
Ippa Bank |
2 |
2 |
It will be a rich irony if, as many people expect, the coming of the euro signals the end for Luxembourg's capital market. For the Grand Duchy can lay claim to being the birthplace of Europe's single-currency bond market.
In March 1981, Kredietbank Luxembourg led the first bond to be denominated in Ecu. The issue was for Luxembourg-based Softe, the financial subsidiary of Italian telephone company Stet. Charles Ruppert, now executive director at Kredietbank, recalls the deal: "At...
You must be a trialist or subscriber to view this content
Please Subscribe or take a Free Trial below.
Already a subscriber? Log in here.
Subscribe online today
- Euromoney magazine in print
- Unlimited access to Euromoney.com
- Over a decade of archived content
- All the latest industry news, analysis and commentary
- Access to all our survey and award results
- More than 30 specialist supplements a year
- Personalised email news feeds
Subscribe
Free 48 hour access
- Online access to Euromoney.com
- Comment and in-depth analysis of the international capital markets
- The best of our editorial comment by email
- Complimentary digital magazine sample
Start Trial
Questions about your subscription status?
Email us or call: +44 (0) 20 7779 8888