Rosbank said on Tuesday that it was ranked fourth in market-issues arrangement on CBonds' league tables for 2014. The ranking was based on surveys from 30 institutions within Russia's domestic bond market.
Rosbank's market share is 11.14 percent. The bank oversaw 19 deals last year that amounted to approximately $824 million. In the underwriting category for market issues, the bank came in second place.
“2014 was a tough year for the primary market, as many transactions were nonmarket and technical," Rosbank Head of Debt Capital Markets Anton Kiryukhin said. "In the real-deals market segment, Rosbank has been one of the most active players and has significantly improved its position from No. 6 to No. 4. We have secured the leading position among international banks on this market and decreased the gap with Russian government banks to a historical minimum. It is the result of well-coordinated work by the Bank’s DCM, as well as sales and trading teams."
The agency said the number of participants and the total volume of issues last year decreased as a result of macroeconomic factors and overseas political strife.
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