Housing Fund of Finland: daring issuer
|
Leading bookrunners of Nordic issues, |
|||||
| US$ m | No. issues | Share (%) | |||
1 |
Salomon Smith Barney | 4,244 |
14 |
17 |
|
2 |
Merrill Lynch |
2,993 |
16 |
12 |
|
3 |
ABN Amro |
2,460 |
8 |
10 |
|
4 |
Morgan Stanley |
1,751 |
8 |
7 |
|
5 |
Credit Suisse First Boston |
1,674 |
6 |
7 |
|
6 |
Barclays Capital |
1,369 |
5 |
6 |
|
7 |
Nomura Securities |
1,295 |
17 |
5 |
|
8 |
JP Morgan |
1,118 |
5 |
5 |
|
9 |
Warburg Dillon Read |
994 |
7 |
4 |
|
10 |
Goldman Sachs |
780 |
3 |
3 |
|
| Source: CapitalData Bondware | |||||
With the advent of the euro European corporate bonds are likely to flourish, and Nordic corporate bonds with them. But, while they are in their infancy in most European countries, in Scandinavia they are embryonic. Issuance from Nordic names over the past year includes only a handful of corporate names – Norsk Hydro, Statoil, Volvo – the tables being dominated by banks, municipalities and export-credit agencies.
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