|Selecting ten Deals of the Decade proved one of the most challenging of our 10th Anniversary Award decisions. We wanted to highlight the most significant deals, capture the diversity of MTNs and time-line the pivotal role MTNs played through the financial crisis – it was a tall order!
2003’s Nomura’s JPY38bn PRDC issued by the EIB marks the high point of one of the structured note market’s biggest selling and most complex products. The Euro CMS Structures we chose to represent in 2004 and 2005 recall the peaks of the rate structure boom when structures broke into the public benchmark space with the Republic of Italy’s EUR2.5bn Collared CMS.
2006, represented by Deutsche’s Protected Investment Alpha Notes marks one of the decade’s most important shifts into proprietary portfolio multi-asset class solutions – in this case allowing mainstream investors to replicate PIMCO strategies. The extendibles and puttables of 2008 and 2010, recognise two products which were key to reviving investor demand shaken by the financial crisis.
2009’s callable zero jumbo spotlights the latter part of the decades big new structured note solution for insurance companies that has totalled over USD50bn of sales. 2011’s choice, LBBW’s jumbo Porsche Schuldscheine heralds the boom in demand for corporate private placements. Finally our choice for 2012, an Asia Pacific Awards winner which extended the CNH curve out to 2032 and paves the way for a new decade in which the Chinese currency will become a new focus for the market.
Our Deals of the Decade Winner decisions were based on a decade of mtn-i data and league tables for MTNs and Structured Notes and the history of mtn-i award recognition across the last ten years.
The Deals of the Decade Awards will be presented along with mtn-i’s 2012 awards and our other special decade categories, Dealers, People and Issuers of the Decade at our Awards Night on Thursday 28th February 2013.
And the Winners are >>>
This completes the announcements. All that remains is to ensure
you have booked a seat to join us in celebrating the mtn-i:
- 2012 Global & European Awards
- Dealers of the Decade
- Issuers of the Decade
- Deals of the Decade
- People of the Decade
- Editor’s Decade Award and
- Lifetime Achievement Award
With over 15 sponsored tables confirmed and 150 seats filled already the 28th February promises to be a night not to be missed. All event enquiries to firstname.lastname@example.org or call +44 (0)20 7437 1331.