July 06, 2018 | Cbonds
|The information agency Cbonds published the ranking of underwriters of Russian bonded loans for the first half of 2018. The total number of underwriters for this period is 36 participants, and the total volume of transactions included in the ranking amounted to 749,921 million rubles. |
Cbonds Sberbank CIB heads the league table of underwriters. Investbank participated in 39 issues from 21 issuers for a total of 145,266 million rubles.
Gazprombank, which participated in 29 issues from 17 issuers (the total volume of transactions amounted to 123,514 million rubles), took the second place.
The third position went to VTB Capital for its participation in 35 issues from 24 issuers for a total amount of 108,092 billion rubles. The top five also included Rosselkhozbank (12 issues of 6 issuers in the amount of 74.9 billion rubles) and Sovkombank (15 issues from 12 issuers in the amount of 73,418 million rubles). In total, the share of the top 5 underwriters is, according to Cbonds' estimate, 70% of the market.
The league tables of bonds underwriters according to Cbonds, 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 volume of bonds placed de facto is taken into account in the league tables.
Company: Cbonds Group
|Full company name||Cbonds Ltd|
|Country of risk||Russia|
|Industry||Information and High Technologies|