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Best Emerging markets debt house: HSBC |
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Also shortlisted: Citi and Goldman Sachs |
Between April 2012 and March 2013, bond issuance from the emerging markets surpassed the trillion-dollar level, reaching $1.29 trillion. That compares with an already large $977 billion in the previous 12 months.
HSBC stayed well ahead in the league tables. According to Dealogic, the bank’s share of emerging market issuance was almost a full percentage point ahead of Citi’s, while Citi’s lead over the number three, JPMorgan, was only 20 basis points.
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