AUSTRALIA / NEW ZEALAND CAPITAL MARKETS...Bloomberg Australia/New Zealand Capital Markets | FY 2018 Bloomberg League Table Reports Page 2 Australia Kangaroo Bonds FY 2018 FY 2017 Firm

AUSTRALIA / NEW ZEALANDCAPITALMARKETSLEAGUE TABLESFY 2018

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AUSTRALIA / NZ CAPITAL MARKETS

DATA SUBMISSIONS AND QUERIES

Equities

Fixed Income

Loans

Contact EmailPhone

FY 2018

MANAGER RANKINGS

© 2018 Bloomberg Finance L.P. All rights reserved.

Zhen Hao Toh

Jennifer Passos

Dave Lin

+65 6499 2931

+65 6231 9677

+852 2974 3196

[email protected]

[email protected]

[email protected]

http://www.bloomberg.com/

Bloomberg Australia/NewZealandCapitalMarkets|FY2018

BloombergLeagueTableReports Page1

AustraliaBonds

FY2018 FY2017

Firm RankMkt

Share(%)Volume(AUD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

ANZBankingGroup 1 18.341 26,221 121 2 16.153 2.188

NationalAustraliaBank 2 14.312 20,462 119 3 13.441 0.871

WestpacBanking 3 13.789 19,714 86 1 16.967 -3.178

CommonwealthBankAustralia

4 11.350 16,227 75 4 11.892 -0.542

UBS 5 7.324 10,471 45 6 6.769 0.555

TDSecurities 6 5.672 8,109 91 8 4.245 1.427

DeutscheBank 7 5.642 8,066 48 5 7.614 -1.972

Citi 8 4.622 6,607 26 7 4.825 -0.203

RBCCapitalMarkets 9 3.616 5,170 57 9 4.111 -0.495

Nomura 10 3.094 4,424 55 10 2.720 0.374

JPMorgan 11 1.988 2,842 24 11 2.287 -0.299

MizuhoFinancial 12 1.669 2,386 25 12 1.784 -0.115

BankofAmericaMerrillLynch 13 1.655 2,367 10 14 0.839 0.816

HSBC 14 1.120 1,601 17 13 1.766 -0.646

Morgans 15 0.850 1,215 5 17 0.622 0.228

MorganStanley 16 0.807 1,154 6 18 0.460 0.347

DaiwaSecurities 17 0.555 793 12 15 0.703 -0.148

DBSGroup 18 0.376 538 4 24 0.161 0.215

Scotiabank 19 0.306 438 3 21 0.207 0.099

BMOCapitalMarkets 20 0.271 388 3 28 0.107 0.164

TOTAL 100% 142,966 427 100%

ThistableconsistsofdebtsecuritiesdenominatedinAustralianDollars,withmarkettype"Australian","Domestic"or"DomesticMTN".Thisexcludesasset-backedsecurities,bondswithwarrants,convertiblesecurities,andcredit-linkednotes.Thereisaminimumthresholdof12monthsformaturities,callorputperiodsandUSD50MMminimumamountforself-ledsecurities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.

Financials54%

Government40%

Others6%

AustraliaBonds:ManagerRankingsHistory

AustraliaBonds:IndustryBreakdown

54%40%

6%

ANZBankingGroup

NationalAustraliaBank

WestpacBanking

Comm

onwealthBankAustralia

UBS

TDSecurities

5

10

15

Marke

tSha

re(%

)

0

20

2018 2017 2016



AustraliaKangarooBonds

FY2018 FY2017

Firm RankMkt

Share(%)Volume(AUD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

TDSecurities 1 19.947 6,199 83 1 15.916 4.031

Nomura 2 10.542 3,276 46 3 11.797 -1.255


ANZBankingGroup 4 8.672 2,695 30 4 11.761 -3.089

DeutscheBank 5 7.194 2,236 31 2 12.284 -5.090

MizuhoFinancial 6 6.872 2,136 23 8 4.012 2.860


7 6.193 1,925 24 13 2.317 3.876

JPMorgan 8 5.489 1,706 17 6 8.543 -3.054


UBS 10 4.170 1,296 11 14 2.246 1.924

WestpacBanking 11 3.047 947 14 11 2.721 0.326

DaiwaSecurities 12 2.553 793 12 9 3.072 -0.519

Citi 13 2.381 740 11 12 2.541 -0.160

HSBC 14 2.333 725 8 10 2.938 -0.605

BMOCapitalMarkets 15 1.247 388 3 18 0.468 0.779

BankofAmericaMerrillLynch 16 1.207 375 4 20 0.146 1.061

BNPParibas 17 0.967 300 4 - - 0.967

DBSGroup 18 0.603 188 1 17 0.526 0.077

Natixis 19 0.599 186 2 - - 0.599

GoldmanSachs 20 0.287 89 3 15 1.413 -1.126

TOTAL 100% 31,076 203 100%

ThistableconsistsofAustralianKangaroobonds.Thisexcludesbondswithwarrantsandcredit-linkednotes.Thereisaminimumthresholdof12monthsformaturities,callorputperiods,andAUD65MMminimumforself-ledsecurities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.

Government59%

Financials36%

Others5%

AustraliaKangarooBonds:ManagerRankingsHistory

AustraliaKangarooBonds:IndustryBreakdown

59%

36%

5%

TDSecurities

Nomura

RBCCapitalMarkets

ANZBankingGroup

DeutscheBank

MizuhoFinancial

5

10

15

Marke

tSha

re(%

)

0

20

2018 2017 2016



AustraliaDomesticnon-KangarooBonds

FY2018 FY2017

Firm RankMkt

Share(%)Volume(AUD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)



WestpacBanking 3 16.729 17,519 66 1 21.428 -4.699

CommonwealthBankAustralia 4 12.877 13,485 47 4 15.037 -2.160

UBS 5 8.305 8,697 31 5 8.014 0.291

DeutscheBank 6 5.567 5,830 17 6 6.479 -0.912

Citi 7 5.507 5,767 14 7 5.725 -0.218


BankofAmericaMerrillLynch 9 1.902 1,992 6 11 1.087 0.815

TDSecurities 10 1.824 1,910 8 13 0.812 1.012

Nomura 11 1.096 1,148 9 27 0.027 1.069

HSBC 12 0.836 876 9 9 1.476 -0.640

JPMorgan 13 0.759 795 5 - - 0.759

Scotiabank 14 0.418 438 3 17 0.226 0.192

DBSGroup 15 0.334 350 3 25 0.054 0.280

BankofChina 16 0.272 285 2 21 0.144 0.128

AMPLtd 17 0.267 280 3 - - 0.267

MitsubishiUFJFinancialGroupInc

17 0.267 280 3 14 0.308 -0.041

MorganStanley 17 0.267 280 3 15 0.268 -0.001

MizuhoFinancial 20 0.239 250 2 10 1.169 -0.930

TOTAL 100% 104,721 218 100%

ThistableconsistsofAustraliannon-Kangaroobonds.Thisexcludesbondswithwarrants,credit-linkednotesandKangaroobonds.Thereisaminimumthresholdof12monthsformaturities,callorputperiods,andAUD65MMminimumforself-ledsecurities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.

Financials56%

Government37%

Others7%

AustraliaDomesticnon-KangarooBonds:ManagerRankingsHistory

AustraliaDomesticnon-KangarooBonds:IndustryBreakdown

56%37%

7%

ANZBankingGroup


WestpacBanking

Comm


UBS

DeutscheBank

5

10

15

20

Marke

tSha

re(%

)

0

25

2018 2017 2016



NewZealandBonds

FY2018 FY2017

Firm RankMkt

Share(%)Volume(NZD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)




3 11.414 1,952 13 5 8.333 3.081

WestpacBanking 4 11.209 1,917 22 3 14.367 -3.158

DeutscheBank 5 8.379 1,433 12 4 9.987 -1.608

TDSecurities 6 6.333 1,083 8 6 4.865 1.468

UBS 7 2.923 500 1 8 3.531 -0.608

ForsythBarrLtd 8 2.514 430 11 7 4.000 -1.486

KiwibankLtd 9 1.461 250 1 10 1.130 0.331

HSBC 10 1.169 200 2 - - 1.169

FirstNZCapitalLtd 11 1.145 196 8 9 1.240 -0.095

HobsonWealthPartnersLtd 12 0.767 131 2 - - 0.767

ABCUnBkNorway 13 0.585 100 1 - - 0.585

BankofChina 13 0.585 100 2 - - 0.585

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 17,106 67 100%

Thistableconsistsofdebtsecurities,denominatedinNewZealandDollar,withmarkettype"Domestic"or"DomesticMTN".Thisexcludesbondswithwarrants,convertiblesecurities,andcredit-linkednotes.Thereisaminimumthresholdof12monthsformaturities,callorputperiods,andUSD50MMminimumamountforself-ledsecurities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.

Government55%

Financials30%

Utilities6%

Others9%

NewZealandBonds:ManagerRankingsHistory

NewZealandBonds:IndustryBreakdown

55%30%

6%

9%

ANZBankingGroup


Comm


WestpacBanking

DeutscheBank

TDSecurities

10

20

30

Marke

tSha

re(%

)

0

35

2018 2017 2016



Australia/NewZealandInternationalBonds

FY2018 FY2017

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

Citi 1 8.736 5,238 31 2 10.352 -1.616

JPMorgan 2 8.598 5,155 31 1 11.457 -2.859

HSBC 3 8.572 5,139 27 3 9.246 -0.674

BNPParibas 4 6.712 4,024 20 14 3.037 3.675

GoldmanSachs 5 6.318 3,788 15 13 3.141 3.177

BankofAmericaMerrillLynch 6 5.643 3,384 22 4 7.965 -2.322

WestpacBanking 7 5.472 3,281 17 12 3.240 2.232


8 4.550 2,728 15 11 3.690 0.860

CreditSuisse 9 4.493 2,694 20 16 2.388 2.105

NationalAustraliaBank 10 4.056 2,432 14 7 4.773 -0.717

UBS 11 4.017 2,408 13 9 3.805 0.212


DeutscheBank 13 3.891 2,333 11 15 2.389 1.502

MorganStanley 14 3.799 2,278 14 5 6.427 -2.628


Nomura 16 2.393 1,435 7 18 1.951 0.442

TDSecurities 17 2.208 1,324 7 19 1.840 0.368

SumitomoMitsuiFinancial 18 1.654 992 8 21 0.923 0.731

Barclays 19 1.397 838 5 17 2.077 -0.680

MizuhoFinancial 20 1.202 721 5 20 1.224 -0.022

TOTAL 100% 59,956 120 100%

ThistableconsistsofdebtsecuritieswithcountryofrisklocatedinAustraliaorNewZealand,andexcludesmarkettypesof"Australian","Domestic"and"DomesticMTN".Thisexcludesbondswithwarrants,credit-linkednotesandKangaroobonds.Thereisaminimumthresholdof18monthsformaturitiesandUSD100MMminimumissueamount.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.

Financials86%

Others14%

Australia/NewZealandInternationalBonds:ManagerRankingsHistory

Australia/NewZealandInternationalBonds:IndustryBreakdown

86%

14%

Citi

JPMorgan

HSBC

BNPParibas

Goldm

anSachs

BankofAmericaM

errillLynch

5

10

Marke

tSha

re(%

)

0

15

2018 2017 2016



Australia/NewZealandEquity&RightsOfferings

FY2018 FY2017

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

UBS 1 26.457 6,719 33 1 23.664 2.793

Macquarie 2 14.636 3,717 18 2 15.245 -0.609

MorganStanley 3 9.633 2,446 9 3 12.227 -2.594

Citi 4 6.557 1,665 15 10 2.555 4.002

JPMorgan 5 5.210 1,323 12 4 6.211 -1.001

DeutscheBank 6 4.486 1,139 8 20 0.813 3.673

BellPotterSecuritiesLtd 7 3.618 919 56 5 3.937 -0.319

Morgans 8 3.134 796 49 6 3.818 -0.684


GoldmanSachs 10 1.918 487 6 8 3.138 -1.220

OrdMinnettLtd 11 1.902 483 13 18 1.138 0.764

NationalAustraliaBank 12 1.841 467 5 27 0.393 1.448

HartleysLtd 13 1.650 419 37 19 0.968 0.682

TaylorCollisonLtd 14 1.612 409 26 17 1.237 0.375

WilsonsCorporateFinanceLtd

15 1.375 349 12 11 1.803 -0.428

Moelis&Co 16 1.171 297 9 15 1.555 -0.384

CanaccordGenuity 17 1.060 269 26 9 3.043 -1.983

EurozSecurities 18 1.017 258 19 14 1.563 -0.546

Evans&PartnerPtyLtd 19 0.952 242 2 23 0.576 0.376


20 0.820 208 4 12 1.652 -0.832

TOTAL 100% 25,394 644 100%

Thistableconsistsofequity&rightsofferingsissuedbyAustralianorNewZealandissuers.Thisexcludeslocalmarketsharesales,privateplacements,andself-ledofferings.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.

Energy23%

Industrials20%

Financials16%

Materials16%

HealthCare6%

ConsumerDiscretionary5%

Others13%

Australia/NewZealandEquity&RightsOfferings:ManagerRankingsHistory

Australia/NewZealandEquity&RightsOfferings:IndustryBreakdown

23%

20%

16%

16%

6%

5%

13%

UBS

Macquarie

MorganStanley Ci

ti

JPMorgan

DeutscheBank

10

20

Marke

tSha

re(%

)

0

30

2018 2017 2016



Australia/NewZealandEquity&RightsOfferings(LegalAdviser-Issuer)

FY2018 FY2017

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

HerbertSmithFreehills 1 18.592 3,201 9 1 25.274 -6.682

King&WoodMallesons 2 11.762 2,025 10 4 8.349 3.413

KardosScanlanPtyLtd 3 10.044 1,729 4 3 8.849 1.195

BakerMcKenzie 4 9.052 1,558 12 7 4.754 4.298

Allen&OveryLLP 5 7.515 1,294 3 5 8.276 -0.761

SidleyAustinLLP 6 7.371 1,269 3 16 0.902 6.469

Gilbert+Tobin 7 6.918 1,191 15 2 15.654 -8.736

MinterEllison 8 6.647 1,144 10 6 5.584 1.063

BellGully 9 3.126 538 2 - - 3.126

Allens 10 2.371 408 10 9 2.313 0.058

HWLEbsworthLawyers 11 1.972 340 9 18 0.638 1.334

DLAPiperLLP 12 1.808 311 7 19 0.403 1.405

Sullivan&Cromwell 13 1.591 274 1 - - 1.591

CorrsChambersWestgarth 14 1.266 218 5 49 0.058 1.208

JacksonMcDonald 15 1.132 195 3 54 0.052 1.080

JohnsonWinter&Slattery 16 1.068 184 1 - - 1.068

AshurstLLP 17 0.894 154 4 10 2.211 -1.317

KensingtonSwan 18 0.873 150 1 - - 0.873

McCulloughRobertsonLawyers

19 0.776 134 4 11 1.736 -0.960

McMahonClarkeLegal 20 0.769 132 1 - - 0.769

TOTAL 100% 17,216 196 100%


Energy23%

Industrials20%

Financials16%

Materials16%

HealthCare6%


Others13%

Australia/NewZealandEquity&RightsOfferings:LegalAdviser-IssuerRankingsHistory

Australia/NewZealandEquity&RightsOfferings(LegalAdviser-Issuer):IndustryBreakdown

23%

20%

16%

16%

6%

5%

13%

HerbertSmithFreehills

King&WoodM

allesons

KardosScanlanPtyLtd

BakerMcKenzie

Allen&OveryLLP

SidleyAustinLLP

10

20

Marke

tSha

re(%

)

0

30

2018 2017 2016



Australia/NewZealandEquity&RightsOfferings(LegalAdviser-Manager)

FY2018 FY2017

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount PrevRank PrevMktShare(%) MktShareChg(%)

Allen&OveryLLP 1 29.495 4,212 11 4 16.924 12.571

SidleyAustinLLP 2 13.864 1,980 1 - - 13.864

Allens 3 13.145 1,877 8 7 1.401 11.744

Gilbert+Tobin 4 13.030 1,861 21 3 18.278 -5.248

BakerMcKenzie 5 10.580 1,511 5 5 15.217 -4.637

Sullivan&Cromwell 6 6.871 981 1 - - 6.871

HerbertSmithFreehills 7 4.698 671 9 2 22.544 -17.846

RussellMcVeagh 8 3.716 531 1 - - 3.716

King&WoodMallesons 9 1.484 212 2 6 2.521 -1.037

ArnoldBlochLeibler 10 0.790 113 2 - - 0.790

AshurstLLP 11 0.784 112 1 - - 0.784

HoganLovellsUSLLP 12 0.551 79 2 - - 0.551

CorrsChambersWestgarth

13 0.324 46 2 - - 0.324

NortonRoseFulbrightLLP 14 0.207 30 1 - - 0.207

HWLEbsworthLawyers 15 0.168 24 2 - - 0.168

FieldfisherLLP 16 0.133 19 1 - - 0.133

MinterEllison 17 0.082 12 1 - - 0.082

MagnussonAdvokatbyra 18 0.045 6 1 - - 0.045

Dentons 19 0.035 5 1 - - 0.035

- - - - - - - -

TOTAL 100% 14,281 69 100%


Energy23%

Industrials20%

Financials16%

Materials16%

HealthCare6%


Others13%

Australia/NewZealandEquity&RightsOfferings:LegalAdviser-ManagerRankingsHistory

Australia/NewZealandEquity&RightsOfferings(LegalAdviser-Manager):IndustryBreakdown

23%

20%

16%

16%

6%

5%

13%

Allen&OveryLLP

SidleyAustinLLP

Allens

Gilbert+Tobin

BakerMcKenzie

Sullivan&Crom

well

10

20

30

Marke

tSha

re(%

)

0

40

2018 2017 2016



Australia/NewZealandEquity,EQL&Preferred

FY2018 FY2017

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

UBS 1 22.833 7,082 36 1 22.130 0.703

Macquarie 2 11.983 3,717 18 2 13.323 -1.340

MorganStanley 3 10.445 3,239 13 3 11.887 -1.442

Citi 4 5.613 1,741 16 11 2.233 3.380

Morgans 5 5.497 1,705 54 5 5.411 0.086

JPMorgan 6 5.123 1,589 14 4 6.953 -1.830

DeutscheBank 7 4.558 1,414 9 24 0.710 3.848


ANZBankingGroup 9 2.931 909 5 23 0.844 2.087


GoldmanSachs 11 2.509 778 8 8 2.743 -0.234



13 2.006 622 7 13 1.707 0.299

WestpacBanking 14 1.918 595 4 12 2.109 -0.191

OrdMinnettLtd 15 1.557 483 13 21 0.995 0.562

HartleysLtd 16 1.351 419 37 22 0.846 0.505



18 1.126 349 12 14 1.575 -0.449

Evans&PartnerPtyLtd 19 1.023 317 3 18 1.305 -0.282

Moelis&Co 20 0.959 297 9 17 1.359 -0.400

TOTAL 100% 31,014 653 100%

Thistableconsistsofequity,equity-linked&preferredsecuritiesissuedbyAustralianorNewZealandissuers.Thisexcludesbondswithwarrants,creditlinkednotes,localmarketsharesales,privateplacements,andself-ledofferings.Thereisaminimumthresholdof12monthminimumcall,put&maturityperiods.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.

Financials32%

Energy18%

Industrials17%

Materials13%

Others20%

Australia/NewZealandEquity,EQL&Preferred:ManagerRankingsHistory

Australia/NewZealandEquity,EQL&Preferred:IndustryBreakdown

32%

18%17%

13%

20%

UBS

Macquarie

MorganStanley Ci

ti

Morgans

JPMorgan

5

10

15

20

Marke

tSha

re(%

)

0

25

2018 2017 2016



Australia/NewZealandEquity,EQL&Rights

FY2018 FY2017

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)

UBS 1 25.594 6,719 33 1 23.652 1.942

Macquarie 2 14.158 3,717 18 2 15.237 -1.079

MorganStanley 3 9.890 2,596 10 3 12.221 -2.331

Citi 4 6.343 1,665 15 10 2.553 3.790

DeutscheBank 5 5.385 1,414 9 20 0.813 4.572

JPMorgan 6 5.040 1,323 12 4 6.208 -1.168


Morgans 8 3.032 796 49 6 3.817 -0.785

GoldmanSachs 9 2.965 778 8 8 3.137 -0.172


OrdMinnettLtd 11 1.840 483 13 18 1.137 0.703


HartleysLtd 13 1.596 419 37 19 0.968 0.628



15 1.330 349 12 11 1.802 -0.472

Moelis&Co 16 1.133 297 9 15 1.554 -0.421

CreditSuisse 17 1.127 296 5 7 3.163 -2.036

CanaccordGenuity 18 1.025 269 26 9 3.042 -2.017

EurozSecurities 19 0.984 258 19 14 1.562 -0.578

Evans&PartnerPtyLtd 20 0.921 242 2 23 0.576 0.345

TOTAL 100% 26,251 647 100%

Thistableconsistsofequity,equity-linked&rightssecuritiesissuedbyAustralianorNewZealandissuers.Thisexcludesbondswithwarrants,creditlinkednotes,localmarketsharesales,privateplacements,andself-ledofferings.Thereisaminimumthresholdsof12monthminimumcall,put&maturityperiods.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.

Energy22%

Industrials21%

Financials17%

Materials15%

HealthCare6%


Others14%

Australia/NewZealandEquity,EQL&Rights:ManagerRankingsHistory

Australia/NewZealandEquity,EQL&Rights:IndustryBreakdown

22%

21%

17%

15%

6%

5%

14%

UBS

Macquarie

MorganStanley Ci

ti

DeutscheBank

JPMorgan

10

20

Marke

tSha

re(%

)

0

30

2018 2017 2016



Australia/NewZealandLoans(Bookrunner)

FY2018 FY2017

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)




HSBC 4 6.171 4,800 24 5 7.084 -0.913

WestpacBanking 5 5.770 4,488 30 4 9.941 -4.171


6 5.441 4,232 22 6 3.695 1.746


CreditAgricoleCIB 8 3.214 2,500 8 9 2.262 0.952

DeutscheBank 9 2.457 1,911 4 49 0.012 2.445

BankofChina 10 2.159 1,679 8 7 3.063 -0.904

Citi 11 1.747 1,359 4 12 1.462 0.285

SumitomoMitsuiFinancial 12 1.706 1,327 9 10 1.809 -0.103

INGGroep 13 1.704 1,326 7 21 0.812 0.892

BNPParibas 14 1.497 1,164 6 11 1.797 -0.300

Industrial&CommBankofChina

15 1.392 1,082 3 22 0.710 0.682

GoldmanSachs 16 1.123 874 4 20 0.867 0.256

RBCCapitalMarkets 17 1.039 808 3 - - 1.039

Oversea-ChineseBankingCorp 18 0.706 549 3 36 0.197 0.509

BankofAmericaMerrillLynch 19 0.630 490 2 - - 0.630

UnitedOverseasBank 20 0.612 476 3 25 0.507 0.105

TOTAL 100% 77,783 171 100%

ThistableconsistsofloanswithamarketofsyndicationasAustraliaorNewZealand.Thisexcludesbilateralloans.Thereisaminimumthresholdof3monthsformaturities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.

Financials28%

Industrials17%

Utilities15%

Energy14%

Materials6%


HealthCare5%

Others10%

Australia/NewZealandLoans:BookrunnerRankingsHistory

Australia/NewZealandLoans(Bookrunner):IndustryBreakdown

28%

17%

15%

14%

6%

6%

5%

10%

ANZBankingGroup


Comm


HSBC

WestpacBanking


10

20

Marke

tSha

re(%

)

0

30

2018 2017 2016



Australia/NewZealandLoans(MandatedLeadArranger)

FY2018 FY2017

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)




WestpacBanking 4 7.487 8,314 83 4 9.360 -1.873


5 4.980 5,530 60 8 3.370 1.610


HSBC 7 3.886 4,315 40 5 4.536 -0.650

BankofChina 8 3.714 4,124 43 7 3.898 -0.184



10 3.369 3,741 36 13 1.726 1.643

INGGroep 11 2.726 3,027 26 15 1.460 1.266


BNPParibas 13 2.088 2,318 24 11 1.973 0.115

SocieteGenerale 14 1.691 1,877 20 14 1.671 0.020

ChinaConstructionBank 15 1.662 1,845 16 9 2.629 -0.967

Citi 16 1.566 1,739 13 17 1.366 0.200

DeutscheBank 17 1.536 1,706 8 89 0.007 1.529

UnitedOverseasBank 18 1.338 1,485 15 27 0.853 0.485

Natixis 19 1.199 1,331 10 21 1.071 0.128

DBSGroup 20 1.008 1,120 13 16 1.418 -0.410

TOTAL 100% 111,042 262 100%

ThistableconsistsofloanswithamarketofsyndicationasAustraliaorNewZealand.Thisexcludesbilateralloans.Thereisaminimumthresholdof3monthsformaturities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.

Financials28%

Industrials17%

Utilities15%

Energy14%

Materials6%


HealthCare5%

Others10%

Australia/NewZealandLoans:MandatedLeadArrangerRankingsHistory

Australia/NewZealandLoans(MandatedLeadArranger):IndustryBreakdown

28%

17%

15%

14%

6%

6%

5%

10%

ANZBankingGroup


Comm


WestpacBanking


MizuhoFinancial

5

10

15

Marke

tSha

re(%

)

0

20

2018 2017 2016



AustraliaBorrowerLoans(Bookrunner)

FY2018 FY2017

Firm RankMkt

Share(%)Volume(AUD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)


CommonwealthBankAustralia 2 15.040 13,245 47 1 14.949 0.091

NationalAustraliaBank 3 9.990 8,798 42 4 10.183 -0.193


4 7.200 6,341 23 6 5.939 1.261

WestpacBanking 5 6.729 5,926 29 3 10.691 -3.962

HSBC 6 5.382 4,740 20 5 8.564 -3.182

ChinaCiticBank 7 4.003 3,526 1 - - 4.003



BankofChina 10 2.554 2,249 8 7 3.925 -1.371


INGGroep 12 2.005 1,765 7 13 1.467 0.538


13 1.589 1,399 3 23 0.861 0.728

RBCCapitalMarkets 14 1.263 1,113 3 - - 1.263

GoldmanSachs 15 1.090 960 3 22 1.023 0.067

Oversea-ChineseBankingCorp 16 0.840 740 3 36 0.243 0.597

BankofAmericaMerrillLynch 17 0.745 656 2 - - 0.745

DeutscheBank 18 0.713 628 2 - - 0.713

UnitedOverseasBank 19 0.709 624 3 25 0.611 0.098

DBSGroup 20 0.615 542 2 16 1.149 -0.534

TOTAL 100% 88,060 140 100%

ThistableconsistsofloanswithborrowersthathaveacountryofriskasAustraliaandwithamarketofsyndicationintheAPACregion.Thisexcludesbilateralloans.Thereisaminimumthresholdof3monthsformaturities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.

Financials25%

Utilities18%

Industrials16%

Energy15%

Materials9%


Others12%

AustraliaBorrowerLoans:BookrunnerRankingsHistory

AustraliaBorrowerLoans(Bookrunner):IndustryBreakdown

25%

18%

16%

15%

9%

5%

12%

ANZBankingGroup

Comm




WestpacBanking

HSBC

5

10

15

20

Marke

tSha

re(%

)

0

25

2018 2017 2016



AustraliaBorrowerLoans(MandatedLeadArranger)

FY2018 FY2017

Firm RankMkt

Share(%)Volume(AUD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)




WestpacBanking 4 8.052 10,398 77 4 8.495 -0.443


5 5.767 7,447 57 8 4.228 1.539


BankofChina 7 4.103 5,298 39 7 4.370 -0.267

HSBC 8 3.798 4,905 35 6 4.876 -1.078


9 3.768 4,865 34 16 1.605 2.163



INGGroep 12 2.863 3,697 25 14 1.841 1.022

ChinaCiticBank 13 2.730 3,526 1 - - 2.730

BNPParibas 14 1.958 2,528 21 12 2.315 -0.357

ChinaConstructionBank 15 1.729 2,233 14 9 2.883 -1.154

UnitedOverseasBank 16 1.573 2,031 15 26 1.098 0.475

SocieteGenerale 17 1.508 1,947 17 15 1.790 -0.282

Citi 18 1.042 1,345 9 23 1.142 -0.100

RBCCapitalMarkets 19 0.986 1,273 10 27 0.959 0.027

Natixis 20 0.900 1,162 7 22 1.163 -0.263

TOTAL 100% 129,130 218 100%

ThistableconsistsofloanswithborrowersthathaveacountryofriskasAustraliaandwithamarketofsyndicationintheAPACregion.Thisexcludesbilateralloans.Thereisaminimumthresholdof3monthsformaturities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.

Financials25%

Utilities18%

Industrials16%

Energy15%

Materials9%


Others12%

AustraliaBorrowerLoans:MandatedLeadArrangerRankingsHistory

AustraliaBorrowerLoans(MandatedLeadArranger):IndustryBreakdown

25%

18%

16%

15%

9%

5%

12%

ANZBankingGroup

Comm



WestpacBanking


Sumitom

oMitsuiFinancial

5

10

Marke

tSha

re(%

)

0

15

2018 2017 2016



NewZealandBorrowerLoans(Bookrunner)

FY2018 FY2017

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)



CommonwealthBankAustralia 3 17.266 929 5 3 19.274 -2.008

Citi 4 4.752 256 1 5 4.570 0.182

INGGroep 5 3.186 171 1 - - 3.186

WestpacBanking 6 1.243 67 1 4 5.924 -4.681

BNPParibas 7 0.324 17 1 - - 0.324

HSBC 7 0.324 17 1 - - 0.324


7 0.324 17 1 - - 0.324

MizuhoFinancial 7 0.324 17 1 - - 0.324

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

- - - - - - - -

TOTAL 100% 5,380 22 100%

ThistableconsistsofloanswithborrowersthathaveacountryofriskasNewZealandandwithamarketofsyndicationintheAPACregion.Thisexcludesbilateralloans.Thereisaminimumthresholdof3monthsformaturities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.

HealthCare22%

Industrials21%

ConsumerStaples16%

Financials16%

Government10%


Communications7%

Others0%

NewZealandBorrowerLoans:BookrunnerRankingsHistory

NewZealandBorrowerLoans(Bookrunner):IndustryBreakdown

22%

21%

16%

16%

10%

7%

7%

ANZBankingGroup


Comm

onwealthBankAustralia Ci

ti

INGGroep

WestpacBanking

20

40

Marke

tSha

re(%

)

0

55

2018 2017 2016



NewZealandBorrowerLoans(MandatedLeadArranger)

FY2018 FY2017

Firm RankMkt

Share(%)Volume(USD

Mln)DealCount

PrevRank

PrevMktShare(%)

MktShareChg(%)



NationalAustraliaBank 3 7.179 560 7 4 9.023 -1.844

Citi 4 4.064 317 2 5 4.519 -0.455


5 3.458 270 4 12 0.722 2.736

WestpacBanking 6 3.415 266 4 3 13.486 -10.071

MizuhoFinancial 7 2.674 208 3 - - 2.674


8 2.654 207 3 8 1.590 1.064

INGGroep 9 2.199 171 1 11 0.879 1.320

ChinaConstructionBank 10 1.947 152 2 9 1.027 0.920

Rabobank 11 1.864 145 1 13 0.666 1.198

BankofChina 12 1.490 116 2 7 1.975 -0.485

KreditanstaltfuerWiederaufbau 13 1.287 100 1 - - 1.287

Natixis 13 1.287 100 1 15 0.067 1.220

RBCCapitalMarkets 15 1.164 91 1 - - 1.164

SocieteGenerale 15 1.164 91 1 - - 1.164

HSBC 17 1.007 79 2 6 3.790 -2.783

BNPParibas 18 0.224 17 1 - - 0.224

- - - - - - - -

- - - - - - - -

TOTAL 100% 7,796 33 100%

ThistableconsistsofloanswithborrowersthathaveacountryofriskasNewZealandandwithamarketofsyndicationintheAPACregion.Thisexcludesbilateralloans.Thereisaminimumthresholdof3monthsformaturities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.

HealthCare22%

Industrials21%

ConsumerStaples16%

Financials16%

Government10%


Communications7%

Others0%

NewZealandBorrowerLoans:MandatedLeadArrangerRankingsHistory

NewZealandBorrowerLoans(MandatedLeadArranger):IndustryBreakdown

22%

21%

16%

16%

10%

7%

7%

ANZBankingGroup

Comm



Citi


WestpacBanking

10

20

30

40

Marke

tSha

re(%

)

0

50

2018 2017 2016

Bloomberg – League Tables Criteria

Bloomberg L.P. reserves the right of final decision concerning league eligibility and requires adequate documentation for the same. Bloomberg L.P. and its suppliers believe the information herein was obtained from reliable sources, but they do not guarantee its accuracy. Neither the information nor the opinion expressed constitutes a solicitation of the purchase or sale of securities or commodities. Due to the dynamic nature of the Professional Service product, League Table rankings may vary between the quarterly/year-end publications and data found on the Bloomberg Professional Service.

General Guidelines

Credit is based on the total amount of the offering sold to the public. Full credit is awarded to the sole bookrunning manager or split equally among joint bookrunning managers; unless full, explicit breakdown of bookrunning is provided by an involved party. Regional and local tables are identified based on factors such as currency, market of issuer and/or country of risk/incorporation.

Fixed Income

All transactions must have a maturity/call/put option of minimum 18 months. Make-whole call and provisional call/put are exempted from this rule. Note: Criteria may vary for some local and/or regional tables. USD denominated 144A/REG S issues are credited 100% to the 144A tranche and 0% to the REG S tranche. Non-USD denominated 144A/REG S issues are credited 100% to the REG S tranche and 0% to the 144A tranche. Self-led transactions are included. New money portions of exchange offers are eligible for credit.

Exclusions: Accredited investor tranches, asset-backed issues, auction note agencies, collateralized bond obligations, collateralized loan obligations, commercial paper, municipal bonds, mortgage-backed issues, remarketed issues, repackaged bonds, government borrowing scheme retained bonds, variable principal redemption issues, variable interest equity-linked issues, and credit linked notes, selling group agency issues, strips, units, warrants, self-led under USD 50 million. Note: Criteria may vary for some local and/or regional tables.

Equities-Linked

Equity-linked transactions: Convertible bonds, convertible preferred stock and exchangeable bonds. Only issues that mature and are callable/puttable in 12 months or longer are included. Make-whole call, provisional call and provisional put are exempted from this rule. Convertible bonds with attached warrants are included. These are defined as synthetic convertibles with the combination of a fixed income instrument and warrants which can be converted into shares. The embedded warrant can be detachable or non-detachable but the bond and the warrant must be sold as a unit, i.e. there cannot be separate book building for the warrant and the bond.

Exclusions: Redemption-linked instruments, reverse convertibles or similar instruments, synthetics convertibles, issues convertible into participation in an underlying fund or investment trust, pre-IPO convertible instruments, certain lower hierarchy titles, i.e. Jr Bookrunner.

Equities

Equity market transactions: Initial public offerings, additional offerings of common stocks, units, and depositary receipts (ADRs, GDRs, etc) and rights offerings.

Exclusions: Non-underwritten/best efforts, privately placed transactions, funds, self-led, preferred offerings, pre-negotiated offerings, certain lower hierarchy titles, i.e. Jr Bookrunner. Note: Criteria may vary for some local and/or regional tables.

Bloomberg – League Tables Criteria

Bloomberg L.P. reserves the right of final decision concerning league eligibility and requires adequate documentation for the same. Bloomberg L.P. and its suppliers believe the information herein was obtained from reliable sources, but they do not guarantee its accuracy. Neither the information nor the opinion expressed constitutes a solicitation of the purchase or sale of securities or commodities. Due to the dynamic nature of the Professional Service product, League Table rankings may vary between the quarterly/year-end publications and data found on the Bloomberg Professional Service.

Loans

Includes executed syndicated loans transactions. Full credit is awarded to the banks satisfying the highest of the titles. Full credit is awarded to the sole bookrunning manager or split equally among joint bookrunning managers. Credit is allocated to amended or amended and restated transactions, where each modification is 100% at the lender’s option and not as a result of events already built into the original credit agreement. Credit is awarded for the following structural changes only: maturity extensions of three months or more, incremental basis for increased in deal size, reduction in pricing, full release of security.

Exclusions: Bilateral transactions, transactions with a maturity of less than three months, loans withdrawn prior to signing, amended or restated securitizations, receivable and guarantee facilities.

US Municipals

Standard published tables will award deal credit based on true economic credit as reported by the issuer or the bookrunner. In absence of reported economic credit, 100% will be assigned to the bookrunner.

Dollar value of credit will be assigned based on the percentage allocation reported for economic credit (or designated by the user in a custom table) and applied against the total par value of the bonds issued. Zero coupon bonds (CABS) or intermediate appreciation bonds (convertible CABs) will be included at the market value (accreted value) on the interest accrual date.

All debt issued by municipal issuers will be eligible for league credit. Taxable and tax-exempt debt is eligible for league credit unless a table includes specific tax type criteria. “Tax-exempt” is defined as federally tax-exempt and includes bonds subject to AMT and bonds designated as Bank Qualified.

Each table is provided in three formats. “Economic Credit” displays rankings based on true economic credit allocations of applicable deals. “Left Lead” assigns 100% credit to the bookrunner and 0% to all other syndicate participants. “Deal Count” displays rankings based on deal quantity rather than aggregate economic credit amounts. A “deal” refers to the aggregate series within an issuance led by a particular underwriter or syndicate. For example: a $50 million issuance is split into three series- a $10 million Series A, a $20 million Series B, and a $20 million Series C. Bank 1 is the underwriter of Series A & B, while Bank 2 is the underwriter of Series C. Bank 1 would have one “deal” worth $30 million, and Bank 2 would have one “deal” worth $20 million.

Exclusions: Derivatives, private placements, variable rate preferred securities, municipal commercial paper, and remarketings are excluded from municipal league table eligibility.

The full version of Bloomberg’s League table Standards & Guidelines can be accessed and subscribed to on the Reports tab on

LEAG<GO>.

Documents

AUSTRALIA / NEW ZEALAND CAPITAL MARKETS...Bloomberg Australia/New Zealand Capital Markets | FY 2018 Bloomberg League Table Reports Page 2 Australia Kangaroo Bonds FY 2018 FY 2017 Firm