Deutsche Bank ranked top bond arranger

Germany-based Deutsche Bank announced on Wednesday it had become the No 1 issuer of bonds in dollar, euro and yen denomination (G3) across Asia, excluding Japan, in the first nine months of this year, based on a recent study by UK-based Dealogic Capital Market Review.

According to Dealogic, Deutsche Bank has arranged 23 bond deals to local and global investors valued at US$4.2 billion.

With such value, the bank has secured 14.3 percent of the market share, tightly followed by Citigroup with 14.2 percent, JP Morgan with 11.7 percent, Barclays Capital with 10.1 percent and HSBC with 9 percent.

During the first nine months of this year, Citigroup has arranged bond deals worth $4.1 billion, followed by JP Morgan with $3.4 billion, Barclays with $3 billion and HSBC with $2.6 billion.

According to Dealogic, Asia G3 bond issues increased by 46 percent in the first nine months of this year to a total of $29.3 billion from $20.1 billion in the same period of last year, with South Korea, the most active country in the market.

The country raised $10.8 billion from 30 deals, followed by the Philippines with $3.2 billion and Malaysia with $2.8 billion. -- JP