Bond Underwriting
Introduction
Our track record puts us among the industry leaders in many areas. We believe this attests to our powerful fixed-income marketing capabilities, our aptitude for determining pricing that accurately reflects investor demand, and our faculty for responding swiftly to market changes, and our ability to devise solutions that reflect our thorough understanding of issuer needs and market conditions.
We have in the past several years been at the forefront in addressing such issues as helping institutions improve their credit ratings and disclosure.
Drawing on accurate analysis of market trends and cutting-edge financial technologies, we will continue to devise and propose fund-raising plans that best meet the needs of our clients.
Along with corporate bonds, we will continue to be active in Samurai bonds and in such public-sector areas as municipal bonds and FILP agency bonds.
Areas of particular focus for us going forward are broadening our credit rating advisory function, making the most effective use of derivatives in such primary operations as structured bonds, and bolstering our global underwriting organization.
In these and other ways, we are working to anticipate and meet the needs of our clients.
League Table
Domestic Straight Bond Issues League Table (Underwriting amount basis)*
*Excludes bank debentures and other bonds issued by the financial institutions for their own fund-raising purposes.
Total issuance amount: ¥15,604 billion
| Rank |
Company Name |
Amount
(¥ Billion) |
Share (%) |
| 1 |
Nomura Securities |
3,210 |
20.57 |
| 2 |
Mizuho Securities |
3,103 |
19.89 |
| 3 |
Mitsubishi UFJ Securities |
3,052 |
19.56 |
| 4 |
Daiwa Securities SMBC |
2,752 |
17.64 |
| 5 |
Nikko Cordial Securities |
870 |
5.58 |
| 6 |
Citi Group |
763 |
4.89 |
| 7 |
Goldman Sachs |
599 |
3.84 |
| 8 |
Merrill Lynch |
176 |
1.13 |
| 9 |
Morgan Stanley |
175 |
1.12 |
| 10 |
Barclays Capital |
123 |
0.79 |
- *April 1, 2009 to March 31, 2010; based on the date on which terms were decided
- *Source: Prepared by Mizuho Securities based on IN Information Center data.
Milestones
Milestones in Fiscal 2009
< THOMSON DealWatch >
THOMSON DealWatch Awards 2009
- Straight Bond of the Year:48th & 49th Nissan Motor bonds
- Samurai Bond House of the Year
< IFR >
IFR Awards 2009
< CAPITAL EYE >
THE BEST OF THE YEAR 2009
- Straight Bond category:24th-26th SONY bonds
- Straight Bond category 2nd place:48th & 49th Nissan Motor bonds
- Straight Bond category 3rd place:5th JT bond
- Straight Bond category special award:28th & 30th SoftBank bonds
- FLIP Agency Bonds category:21th & 22th Kansai International Airport bonds
< NIKKEI VERITAS >
Deal of the Year 2009
- Retail Bonds:27th SoftBank bond
< Euromoney Japanese edition >
League Tables 2009
- Best International Yen Bond House(non-Japanese Issuer,and excluding Samurai Bond)
- Best Samurai Bond House
Japan Deal of the Year 2009
- Best Yen Bond Deal:6th-8th Panasonic bonds
< FinanceAsia >
Japan Achievement Awards 2009
< Asiamoney >
The banks to beat in Japan
Japan's oustanding issues
- BEST LOCAL CURRENCY BOND:6th-8th Panasonic bonds
Milestones in Fiscal 2008
< Euromoney >Japan Deals of the Year 2008
- Bond category/Best yen bond deal: NTT Group
- Bond category/Best samurai bond deal: Wal-Mart
- 2008 league tables (not yet disclosed)/Debt house of the year
- 2008 league tables (not yet disclosed)/Best domestic bond house (straight corporate bonds)
< IFR >Awards 2008
- YEN BOND: Wal-Mart's ¥100bn Samurai
< THOMSON DealWatch >
- Local Government Bond of the Year: FY2008 4th Yokohama municipal bond
- Straight Bond of the year: Panasonic Corporation 6th, 7th, 8th issues
< Capital Eye >THE BEST OF THE YEAR 2008
- Straight bond category: 6th-8th Panasonic bonds
- Straight bond category 3rd place: 5th-7th Eisai bonds
- Samurai bond category: 1st and 2nd fixed and 1st variable-rate Wal-Mart Stores bonds
Milestones in Fiscal 2007
< THOMSON DealWatch >
- Innovative Straight Bond Deal of the Year: 22nd and 23rd Sapporo Holdings bonds
- Samurai Bond Deal of the Year: 1st and 2nd Australia and New Zealand Banking Group bonds, 1st Australia and New Zealand variable interest rate bond
< Capital Eye >THE BEST OF THE YEAR 2007
- Samurai bond category: 1st and 2nd Australia and New Zealand Banking Group bonds, 1st Australia and New Zealand variable interest rate bond
- Financial institution bond category: 4th-6th Japan Housing Finance Agency Bonds
- Straight bond category, special award: 1st Covalent Materials bond, 22nd-23rd Sapporo Holdings bonds
< FinanceAsia >Japan awards
- Most Outstanding Bond House
- Most outstanding samurai bond: Bank of America's 215bn yen samurai bond
< Asiamoney >Japan's deal of 2007
Milestones in Fiscal 2006
< THOMSON DealWatch >
- Straight Bond House of the Year
- Innovative Straight Bond Deal of the Year: 1st, 2nd Aeon subordinated private placement bonds
- Samurai Bond of the Year: 1st American International Group bond
< Nikkei Bonds and Financial Weekly >
- Best deal/hybrid securities: Aeon (hybrid securities) bond
- Best deal/municipal bond: 10th Yokohama municipal bond
< EUROMONEY/2006 Awards for excellence Japan category >
< EUROMONEY/2006 League tables – Euromoney Japanese edition (by Dealogic) >
Network
Mizuho Securities has a global network in place, and through close cooperation among our London subsidiary Mizuho International, Mizuho Securities USA based in New York City, and other overseas units, we respond to a broad array of clients financing needs.