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Notionals fall for credit and equity derivatives

April 25, 2010  

From Pamela Tang

The notional amount outstanding in credit and equity derivative contracts fell globally last year, although the value of interest rate instruments expanded, notes the ISDA. Investors remain cautious about equity derivatives.

The notional amount outstanding in credit and equity derivative contracts fell globally last year, although the value of interest rate instruments expanded, a recent survey has found.

According to the International Swaps and Derivatives Association (ISDA), there was US$464 trillion...


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 SYNDICATED LOANS

Rank Bookrunner Value ($m) No. %Share
1 Industrial & Commercial Bank of China - ICBC 1,160 1 16.4
1 Bank of Communications Co Ltd 1,160 1 16.4
3 State Bank of India 964 3 13.6
4 Land Bank of Taiwan 400 7 5.6
5 Maybank Investment Bank Bhd 332 1 4.7
6 AXIS Bank 236 2 3.3
7 IDBI Bank Ltd 124 1 1.8
8 HSBC 92 2 1.3
9 BNP Paribas 92 1 1.3
10 First Commercial Bank Co Ltd 65 4 0.9
Subtotal 4,623 18 65.2
Total 7,090 32 100.0


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