GLOBAL FIXED INCOME LEAGUE TABLES FY 2017

GLOBAL FIXED INCOME LEAGUE TABLES FY 217

FULL YEAR 217 MANAGER RANKINGS GLOBAL FIXED INCOME CONTENTS 1. Global market review 2. US market review 3. Canada market review 4. Latin America market review 5. EMEA market review 6. Asia market review 7. Table criteria Bloomberg s corporate bond database consists of more than 1.9 million active securities--including convertible bonds and preferred securities--along with more than 4.1 million matured, called or retired bonds, covering over 24, unique issuers across more than 13 countries and 1 different currencies. LEAG<GO> for a full range of league tables NIM<GO> for Bloomberg s new issue monitor Due to the dynamic nature of the Professional Service product, league table rankings may vary between this release and data found on the Bloomberg Professional Service. DATA SUBMISSIONS AND QUERIES Contact Phone Email North America EMEA Asia Pacific Dean Psomaras Dimitris Gogos Shaili Mehta +1 69 279 3449 newissues@bloomberg.net +44 2 35258149 emeacapmkts@bloomberg.net +91 22 612377 nimap@bloomberg.net 217 Bloomberg Finance L.P. All rights reserved.

Global Fixed Income FY 217 Global Fixed Income Review FY 217 credited Corporate & Financial Bonds volume increased 4.56% to USD 4.4 Trln while deal count increased 3.23% to 16,668 offerings year-on-year. Corporate Bonds volume increased 4.5% year-on-year to USD 2.2 Trln while the deal count increased 1.66% to 7,82. Financial Bonds volume increased 4.62% year-on-year to USD 2.2 Trln over 9,586 deals. JP Morgan ranked as the top Corporate & Financial Bonds underwriter for FY 217 with 5.94% market share. The bank underwrote 1,719 deals over the period. Citi and Bank of America Merrill Lynch ranked second and third with 5.43% and 5.41% market share, respectively. Global Corporate Leveraged Finance: Quarterly Volume USD Bln 5 4 2 Corporate High Yield Bonds Global Sponsor-Led Loans Q4 Q4 212 212 Q4 Q4 213 213 Q4 Q4 214 214 Q4 Q4 215 215 Q4 Q4 216 216 Q4 Q4 217 217 Corporate & Financial Bonds: Highlights of FY 217 Quarters Top Underwriter JP Morgan Number of deals 1,719 Volume (USD Mln) 26,63 Avg Deal size (USD Mln) 151.6 Market Summary Number of deals 16,668 Volume (USD Mln) 4,384,131 Avg Deal size (USD Mln) 263. Issuer Industry Volume (USD Mln) Date Postal Savings Bank of China Co Ltd Financials 7,25 9/21/217 China CITIC Bank Corp Ltd Financials 7,24 4/1/217 Industrial & Commercial Bank of China Ltd Financials 6,664 11/22/217 Industrial & Commercial Bank of China Ltd Financials 6,643 11/8/217 Agricultural Bank of China Ltd Financials 6,77 1/1/217 AT&T Inc Communications 5, 7/27/217 AT&T Inc Communications 5, 7/27/217 Broadcom Corp / Broadcom Cayman Finance Ltd Technology 4,8 1/11/217 China Evergrande Group Financials 4,68 6/21/217 Bank of China Ltd Financials 4,569 9/21/217 Corporate & Financial Bonds: Industry Breakdown 15% 5% 5% 52% 6% 8% 9% Financials 52% Consumer Discretionary 9% Industrials 8% Utilities 6% Energy 5% Communications 5% Others 15% Corporate & Financial Bonds: Quarterly Volume Deal Count Other High Yield Investment Grade 1,4 1,2 6, 5, Corporate & Financial Bonds: Spread to Benchmark USD Bln 1, 8 6 4, 3, Deal Count 7 6 High Yield Investment Grade 4 2 2, 1, Basis points 4 2 Q4 Q4 212 212 Q4 Q4 213 213 Q4 Q4 214 214 Quarters Q4 Q4 215 215 Q4 Q4 216 216 Q4 Q4 217 217 Q4 Q4 212 212 Q4 Q4 213 213 Q4 Q4 214 214 Quarters Q4 Q4 215 215 Q4 Q4 216 216 Q4 Q4 217 217 Bloomberg League Table Reports Page 1

Global Fixed Income FY 217 Corporate Bonds Financial Bonds JP Morgan 1 7.42 16,118 1,98 2 6.39 1.93 Bank of America Merrill Lynch 2 6.613 143,6 1,1 1 6.488.125 Citi 3 5.943 128,555 999 3 5.879.64 Goldman Sachs 4 4.77 11,831 71 6 4.374.333 Barclays 5 4.658 1,763 753 4 4.73 -.72 Morgan Stanley 6 4.533 98,65 816 7 4.189.344 Deutsche Bank 7 4.441 96,71 664 5 4.642 -.21 HSBC 8 3.33 72,28 549 8 3.45 -.75 Credit Suisse 9 3.24 65,425 515 12 2.362.662 BNP Paribas 1 2.993 64,74 512 9 3.12 -.127 Wells Fargo 11 2.944 63,685 499 11 2.627.317 Mizuho Financial 12 2.88 62,298 668 1 3.3 -.123 Mitsubishi UFJ Financial Group Inc 13 2.284 49,418 44 14 1.924.36 RBC Capital Markets 14 2.256 48,81 396 13 2.153.13 Societe Generale 15 1.756 37,992 32 15 1.594.162 Banco Santander 16 1.51 32,661 285 18 1.295.215 Sumitomo Mitsui Financial 17 1.351 29,215 41 16 1.488 -.137 Credit Agricole CIB 18 1.279 27,678 255 21 1.198.81 UBS 19 1.87 23,51 213 19 1.265 -.178 TD Securities 2 1.67 23,75 182 32.665.42 TOTAL 1% 2,163,278 7,82 1% Global SSA Bonds Citi 1 7.839 119,459 54 3 6.818 1.21 JP Morgan 2 6.888 14,967 644 4 6.395.493 HSBC 3 6.29 95,86 484 2 6.981 -.691 Barclays 4 6.26 91,834 452 1 8.982-2.956 Bank of America Merrill Lynch 5 4.812 73,34 397 6 4.815 -.3 Deutsche Bank 6 4.632 7,59 35 5 5.93 -.461 Goldman Sachs 7 4.297 65,488 25 8 4.69 -.312 TD Securities 8 4.24 64,622 585 7 4.771 -.531 BNP Paribas 9 3.968 6,473 272 1 3.674.294 Nomura 1 3.515 53,575 438 9 4.119 -.64 RBC Capital Markets 11 2.44 37,191 279 12 2.186.254 Morgan Stanley 12 2.366 36,53 547 11 2.5 -.134 UniCredit 13 2.242 34,162 135 15 1.795.447 Societe Generale 14 2.165 33, 118 14 1.819.346 Credit Agricole CIB 15 1.988 3,291 194 13 2.151 -.163 Wells Fargo 16 1.686 25,72 468 16 1.789 -.13 BMO Capital Markets 17 1.564 23,829 89 2 1.43.161 Daiwa Securities 18 1.472 22,433 313 17 1.63 -.131 Mizuho Financial 19 1.421 21,662 33 25.961.46 NatWest Markets 2 1.377 2,988 89 158.13 1.364 TOTAL 1% 1,523,999 6,79 1% Morgan Stanley 1 5.17 114,88 658 4 4.259.911 Citi 2 4.935 19,65 678 3 4.534.41 JP Morgan 3 4.526 1,512 621 1 5.12 -.486 Goldman Sachs 4 4.488 99,677 499 5 3.889.599 Bank of America Merrill Lynch 5 4.231 93,958 51 6 3.729.52 HSBC 6 4.43 89,792 661 2 4.65 -.67 UBS 7 3.75 68,285 392 9 2.821.254 Barclays 8 3.15 66,97 422 1 2.68.335 Deutsche Bank 9 2.592 57,559 381 8 2.852 -.26 Credit Suisse 1 2.232 49,559 334 11 2.496 -.264 BNP Paribas 11 2.64 45,838 315 13 1.83.234 Wells Fargo 12 1.969 43,73 271 7 2.97 -.938 Credit Agricole CIB 13 1.833 4,76 279 12 2.225 -.392 RBC Capital Markets 14 1.54 34,23 245 16 1.42.12 CITIC Securities Co Ltd 15 1.471 32,664 156 17 1.367.14 Landesbank Hessen-Thuringen Girozentrale 16 1.291 28,681 215 38.638.653 Industrial & Comm Bank of China 17 1.22 26,74 195 23.955.247 Bank of China 18 1.161 25,78 211 3.822.339 Mizuho Financial 19 1.141 25,345 321 22.955.186 Societe Generale 2 1.12 24,866 198 18 1.199 -.79 TOTAL 1% 2,22,852 9,586 1% International Bonds JP Morgan 1 7.997 324,36 2,3 1 7.82.195 Citi 2 7.114 288,493 1,697 2 7.16 -.46 Bank of America Merrill Lynch 3 6.414 26,87 1,451 5 6.319.95 HSBC 4 5.714 231,724 1,444 4 6.572 -.858 Barclays 5 5.673 23,57 1,355 3 6.753-1.8 Goldman Sachs 6 5.592 226,749 1,137 6 5.637 -.45 Deutsche Bank 7 4.897 198,596 1,166 7 5.57 -.16 Morgan Stanley 8 4.159 168,66 91 9 3.886.273 BNP Paribas 9 4.12 162,698 1,18 8 4.62 -.5 Credit Suisse 1 2.512 11,866 73 11 2.479.33 Credit Agricole CIB 11 2.341 94,915 697 1 2.657 -.316 Societe Generale 12 2.265 91,868 62 13 2.158.17 Wells Fargo 13 1.955 79,267 582 12 2.349 -.394 UniCredit 14 1.911 77,51 436 15 1.844.67 RBC Capital Markets 15 1.895 76,862 521 14 1.894.1 UBS 16 1.849 74,982 43 16 1.792.57 Mizuho Financial 17 1.561 63,284 65 18 1.637 -.76 TD Securities 18 1.519 61,611 369 17 1.695 -.176 Mitsubishi UFJ Financial Group Inc 19 1.436 58,218 462 21 1.352.84 Banco Santander 2 1.427 57,858 351 2 1.364.63 TOTAL 1% 4,55,118 1,289 1% Bloomberg League Table Reports Page 2

Global Fixed Income FY 217 Global Bonds Corporate High Yield Bonds JP Morgan 1 11.777 129,75 616 1 1.931.846 Bank of America Merrill Lynch 2 1.29 112,783 548 2 9.572.718 Citi 3 9.942 18,962 493 3 9.232.71 Goldman Sachs 4 8.528 93,464 383 5 7.92 1.436 Morgan Stanley 5 6.688 73,299 3 7 5.953.735 Barclays 6 6.344 69,533 342 4 8.834-2.49 Deutsche Bank 7 4.674 51,232 246 9 4.68 -.6 Wells Fargo 8 4.327 47,421 317 8 5.115 -.788 HSBC 9 4.19 45,927 16 6 6.255-2.65 TD Securities 1 3.739 4,976 155 1 3.598.141 RBC Capital Markets 11 3.186 34,917 182 12 3.5.136 Mitsubishi UFJ Financial Group Inc 12 2.223 24,366 165 15 1.7.523 Credit Suisse 13 2.175 23,838 158 16 1.65.525 BNP Paribas 14 2.169 23,776 157 11 3.17-1.1 Mizuho Financial 15 2.118 23,212 173 13 2.545 -.427 Nomura 16 1.937 21,227 51 14 2.316 -.379 BMO Capital Markets 17 1.429 15,665 52 17 1.73.356 US Bancorp 18 1.196 13,15 117 19.97.226 Scotiabank 19 1.136 12,456 61 18 1..136 UBS 2.927 1,161 69 2.967 -.4 TOTAL 1% 1,96,13 1,489 1% Global Green Bonds - Corporate & Government Credit Agricole CIB 1 6.979 7,8 59 2 5.78 1.271 HSBC 2 6.556 7,327 54 6 4.217 2.339 BNP Paribas 3 4.984 5,57 44 17 2.121 2.863 JP Morgan 4 4.893 5,468 45 3 5.97 -.24 Bank of America Merrill Lynch 5 4.463 4,987 33 1 9.495-5.32 Citi 6 3.87 4,325 28 18 2.8 1.862 Societe Generale 7 3.835 4,287 21 21 1.834 2.1 Barclays 8 3.765 4,28 24 12 2.568 1.197 SEB 9 3.597 4,2 39 4 4.429 -.832 Natixis 1 2.944 3,29 19 46.44 2.54 Morgan Stanley 11 2.797 3,125 16 39.545 2.252 CITIC Securities Co Ltd 12 2.696 3,14 26 15 2.442.254 China Securities Co Ltd 13 2.11 2,247 15 23 1.353.658 Goldman Sachs 14 2.6 2,242 12 19 1.95.56 Deutsche Bank 15 1.876 2,97 2 22 1.644.232 Industrial & Comm Bank of China 16 1.871 2,91 15 8 3.18-1.147 Banco Santander 17 1.85 2,18 14 27.957.848 TD Securities 18 1.685 1,883 16 2 1.84 -.155 Nordea 19 1.629 1,821 2 44.421 1.28 Banco Bilbao Vizcaya Argentaria 2 1.61 1,789 11 28.95.651 TOTAL 1% 111,759 378 1% JP Morgan 1 8.29 47,628 418 3 6.397 1.893 Goldman Sachs 2 6.678 38,367 35 1 6.55.173 Bank of America Merrill Lynch 3 6.41 36,778 348 2 6.449 -.48 Morgan Stanley 4 6.11 35,5 264 8 3.63 2.471 Credit Suisse 5 5.778 33,198 282 7 4.714 1.64 Barclays 6 5.752 33,45 262 6 5.52.232 Citi 7 5.533 31,787 322 5 6.68 -.535 Deutsche Bank 8 4.693 26,96 272 4 6.32-1.69 Wells Fargo 9 3.373 19,378 182 1 2.834.539 HSBC 1 2.839 16,312 172 14 2.315.524 RBC Capital Markets 11 2.578 14,89 15 15 2.245.333 BNP Paribas 12 2.53 11,793 123 17 1.585.468 UBS 13 1.951 11,28 116 12 2.664 -.713 Jefferies 14 1.858 1,678 65 25.879.979 Credit Agricole CIB 15 1.448 8,318 84 18 1.295.153 Societe Generale 16 1.333 7,66 89 22.989.344 CITIC Securities Co Ltd 17 1.31 7,527 21 16 1.934 -.624 BMO Capital Markets 18 1.28 5,96 64 4.46.568 Mizuho Financial 19.998 5,734 61 29.793.25 UniCredit 2.954 5,478 61 24.882.72 TOTAL 1% 574,529 1,454 1% International Sukuk HSBC 1 14.354 4,192 18 3 8.142 6.212 Standard Chartered Bank 2 9.789 2,859 18 1 15.622-5.833 JP Morgan 3 9.88 2,654 7 6 5.761 3.327 Citi 4 8.374 2,446 8 8 4.72 3.654 Deutsche Bank 5 8.6 2,338 6 9 4.613 3.393 First Abu Dhabi Bank PJSC 6 6.186 1,87 1 - - 6.186 Dubai Islamic Bank 7 5.978 1,746 12 2 1.862-4.884 BNP Paribas 8 5.718 1,67 3 15 1.597 4.121 National Commercial Bank 9 5.136 1,5 2 - - 5.136 Emirates NBD PJSC 1 4.845 1,415 15 7 5.727 -.882 Gulf International Bank BSC 11 2.63 768 4 17 1.455 1.175 Mandiri Sekuritas PT 12 2.54 6 2 - - 2.54 Noor Bank 13 1.81 529 6 11 2.655 -.845 Maybank 14 1.45 424 3 13 2.16 -.71 Natixis 15 1.315 384 3 17 1.455 -.14 Kuwait Finance House 16 1.154 337 5 24.851.33 QInvest LLC 17 1.113 325 4 26.818.295 Warba Bank 18 1.16 323 3 4.13 1.3 alizz Islamic Bank SAOG 19.978 286 1 - -.978 Bank ABC 2.963 281 4 1 2.732-1.769 TOTAL 1% 29,25 37 1% Bloomberg League Table Reports Page 3

Global Fixed Income FY 217 US Fixed Income Review FY 217 credited US Corporate Bonds volume increased 1.4% to USD 1.8 Trln while deal count increased 26.42% to 3,5 offerings year-on-year. US Investment Grade Corporate Bonds volume increased 5.52% year-on-year to USD 1.4 Trln while the deal count increased 21.28% to 2,211. US High Yield Corporate Bonds volume increased 31.8% year-on-year to USD 312.5 Bln over 648 deals. JP Morgan ranked as the top US Corporate Bonds underwriter for FY 217 with 11.52% market share. The bank underwrote 1,264 deals over the period. Bank of America Merrill Lynch and Citi ranked second and third with 1.48% and 9.9% market share, respectively. US Corporate Bonds: Highlights of FY 217 USD Bln 6 4 2 US Leveraged Finance: Quarterly Volume Q4 Q4 212 212 Q4 Q4 213 213 Q4 Q4 214 214 Quarters US Leveraged Loans US High Yield Corporate Bonds Q4 Q4 215 215 Q4 Q4 216 216 Q4 Q4 217 217 Top Underwriter JP Morgan Number of deals 1,264 Volume (USD Mln) 23,851 Avg Deal size (USD Mln) 161.3 Market Summary Number of deals 3,5 Volume (USD Mln) 1,77,22 Avg Deal size (USD Mln) 589. Issuer US Domestic Bonds: Quarterly Volume Industry Volume (USD Mln) Date AT&T Inc Communications 5, 7/27/217 AT&T Inc Communications 5, 7/27/217 Broadcom Corp / Broadcom Cayman Finance Ltd Technology 4,8 1/11/217 AT&T Inc Communications 4,5 7/27/217 Microsoft Corp Technology 4, 1/3/217 Wells Fargo & Co Financials 3,75 7/17/217 Wells Fargo & Co Financials 3,75 1/17/217 Broadcom Corp / Broadcom Cayman Finance Ltd Technology 3,5 1/11/217 BAT Capital Corp Consumer Staples 3,5 8/8/217 Amazon.com Inc Consumer Discretionary 3,5 8/15/217 US Corporate Bonds: Industry Breakdown 5% 6% 6% 6% 39% 6% 7% 7% 8% 1% Financials 39% Consumer Discretionary 1% Energy 8% Technology 7% Communications 7% Utilities 6% Consumer Staples 6% Industrials 6% Health Care 6% Others 5% Deal Count Other High Yield 8 Investment Grade 1,8 US Domestic Bonds: Spread to Benchmark 1,5 High Yield 6 7 Investment Grade USD Bln 4 2 1, 5 Deal Count Basis points 6 4 2 Q4 Q4 212 212 Q4 Q4 213 213 Q4 Q4 214 214 Quarters Q4 Q4 215 215 Q4 Q4 216 216 Q4 Q4 217 217 Q4 Q4 212 212 Q4 Q4 213 213 Q4 Q4 214 214 Quarters Q4 Q4 215 215 Q4 Q4 216 216 Q4 Q4 217 217 Bloomberg League Table Reports Page 4

Global Fixed Income FY 217 US Domestic Bonds US Agency Bonds JP Morgan 1 11.28 261,829 1,429 1 1.49.538 Citi 2 1.459 248,321 1,346 2 9.551.98 Bank of America Merrill Lynch 3 9.354 222,93 1,41 3 9.58 -.154 Goldman Sachs 4 7.571 179,746 936 5 7.33.268 Morgan Stanley 5 6.574 156,96 1,21 7 5.75.824 Barclays 6 5.742 136,327 821 4 7.772-2.3 Wells Fargo 7 5.35 127,35 1,182 6 5.988 -.638 Deutsche Bank 8 4.322 12,627 622 8 5.635-1.313 HSBC 9 4.187 99,41 517 9 5.579-1.392 Credit Suisse 1 2.845 67,552 465 12 2.66.239 RBC Capital Markets 11 2.751 65,318 47 13 2.551.2 BNP Paribas 12 2.263 53,718 312 11 2.618 -.355 TD Securities 13 2.259 53,627 331 1 2.643 -.384 Mizuho Financial 14 2.257 53,576 511 14 2.274 -.17 UBS 15 2.57 48,833 267 17 1.528.529 Mitsubishi UFJ Financial Group Inc 16 1.885 44,76 337 16 1.749.136 Nomura 17 1.665 39,537 232 15 2.12 -.437 US Bancorp 18 1.12 24,2 224 18.848.164 BMO Capital Markets 19 1.1 23,76 166 25.63.398 Jefferies 2.892 21,175 191 28.452.44 TOTAL 1% 2,374,272 5,742 1% US Corporate Bonds JP Morgan 1 11.517 23,851 1,264 1 11.526 -.9 Bank of America Merrill Lynch 2 1.476 185,436 1,159 2 1.367.19 Citi 3 9.91 175,246 1,79 3 9.674.227 Goldman Sachs 4 8.55 15,539 839 4 7.97.535 Morgan Stanley 5 7.841 138,795 87 5 6.978.863 Wells Fargo 6 5.723 11,33 712 6 6.848-1.125 Barclays 7 5.275 93,373 657 7 6.1 -.726 Deutsche Bank 8 4.115 72,845 53 8 5.31-1.186 Credit Suisse 9 3.692 65,355 456 1 3.459.233 HSBC 1 3.259 57,677 321 9 4.65-1.346 RBC Capital Markets 11 3.76 54,449 433 11 2.863.213 UBS 12 2.664 47,145 247 15 1.916.748 Mizuho Financial 13 2.354 41,668 352 12 2.784 -.43 Mitsubishi UFJ Financial Group Inc 14 2.33 41,249 328 14 2.263.67 BNP Paribas 15 1.971 34,882 26 13 2.33 -.332 US Bancorp 16 1.357 24,2 224 16 1.199.158 TD Securities 17 1.83 19,171 151 19.887.196 Banco Santander 18.887 15,699 1 18.889 -.2 Credit Agricole CIB 19.866 15,322 125 21.833.33 Sumitomo Mitsui Financial 2.864 15,288 135 17 1.25 -.161 TOTAL 1% 1,77,22 3,5 1% Barclays 1 9.73 31,188 181 1 12.261-2.531 Wells Fargo 2 9.685 31,42 764 3 7.488 2.197 Citi 3 9.199 29,484 219 5 6.59 2.69 Nomura 4 9.45 28,992 264 2 7.614 1.431 TD Securities 5 6.751 21,638 258 4 6.833 -.82 JP Morgan 6 5.533 17,734 168 8 4.782.751 Jefferies 7 4.43 12,959 253 15 2.475 1.568 HSBC 8 3.627 11,626 12 12 3.139.488 Morgan Stanley 9 3.542 11,353 581 11 3.262.28 Daiwa Securities 1 3.221 1,323 227 14 2.874.347 Mizuho Financial 11 2.887 9,254 21 25.811 2.76 Bank of America Merrill Lynch 12 2.846 9,12 249 9 3.935-1.89 FTN Financial 13 2.694 8,634 428 7 4.917-2.223 INTL FCStone Inc 14 2.653 8,54 361 18 1.883.77 Incapital 15 2.587 8,292 548 13 3.138 -.551 Bank of New York Mellon 16 2.485 7,964 297 21 1.27 1.278 Goldman Sachs 17 2.35 7,389 13 1 3.788-1.483 Stifel 18 1.78 5,75 394 16 2.88 -.38 Loop Capital Markets LLC 19 1.666 5,341 67 29.636 1.3 Deutsche Bank 2 1.462 4,685 84 6 5.541-4.79 TOTAL 1% 32,516 4,747 1% US Dollar Foreign Issuer Bonds Citi 1 9.224 127,698 697 2 9.1.214 JP Morgan 2 8.85 122,527 63 3 8.879 -.29 HSBC 3 7.563 14,697 587 1 9.272-1.79 Bank of America Merrill Lynch 4 6.589 91,215 483 4 7.599-1.1 Goldman Sachs 5 5.44 74,815 385 5 5.725 -.321 Deutsche Bank 6 4.875 67,487 328 7 4.913 -.38 Morgan Stanley 7 4.473 61,929 361 8 4.185.288 Barclays 8 4.23 58,184 298 6 5.411-1.28 BNP Paribas 9 3.42 47,98 269 9 3.922 -.52 UBS 1 2.92 4,425 217 13 2.37.613 Credit Suisse 11 2.544 35,214 237 11 2.482.62 Standard Chartered Bank 12 2.326 32,25 263 14 2.62.264 TD Securities 13 2.285 31,629 11 1 2.576 -.291 RBC Capital Markets 14 2.169 3,34 143 12 2.321 -.152 Nomura 15 1.588 21,986 118 15 1.835 -.247 Credit Agricole CIB 16 1.468 2,323 162 2 1.169.299 Mizuho Financial 17 1.431 19,814 185 16 1.647 -.216 BMO Capital Markets 18 1.379 19,91 91 23.966.413 Wells Fargo 19 1.338 18,521 144 21 1.3.335 Mitsubishi UFJ Financial Group Inc 2 1.35 18,69 131 17 1.617 -.312 TOTAL 1% 1,384,49 2,955 1% Bloomberg League Table Reports Page 5

Global Fixed Income FY 217 US Investment Grade Corporate Bonds US High Yield Corporate Bonds JP Morgan 1 11.823 166,764 938 1 11.73.93 Bank of America Merrill Lynch 2 1.934 154,228 869 2 1.41.524 Citi 3 1.381 146,43 817 3 9.896.485 Goldman Sachs 4 8.848 124,85 64 4 7.819 1.29 Morgan Stanley 5 8.96 114,2 69 5 7.382.714 Wells Fargo 6 5.857 82,68 536 6 7.265-1.48 Barclays 7 4.989 7,368 475 7 5.637 -.648 Deutsche Bank 8 4.165 58,743 355 9 4.98 -.743 HSBC 9 3.558 5,18 253 8 5.73-1.515 Credit Suisse 1 3.127 44,14 276 11 2.955.172 RBC Capital Markets 11 2.873 4,527 295 12 2.722.151 UBS 12 2.864 4,42 174 15 1.82 1.44 Mizuho Financial 13 2.755 38,862 315 1 3.184 -.429 Mitsubishi UFJ Financial Group Inc 14 2.624 37,11 277 13 2.529.95 BNP Paribas 15 2.186 3,831 215 14 2.497 -.311 US Bancorp 16 1.558 21,977 193 16 1.358.2 TD Securities 17 1.21 16,935 124 18 1.6.195 Sumitomo Mitsui Financial 18.974 13,737 114 17 1.144 -.17 Banco Santander 19.973 13,725 77 2.756.217 Societe Generale 2.843 11,898 99 19.933 -.9 TOTAL 1% 1,41,56 2,211 1% JP Morgan 1 1.654 33,288 292 3 9.643 1.11 Bank of America Merrill Lynch 2 9.2 28,747 275 1 9.762 -.562 Goldman Sachs 3 8.121 25,373 197 2 9.71-1.58 Citi 4 7.57 23,653 232 4 9.69-1.499 Barclays 5 7.224 22,571 184 5 8.581-1.357 Morgan Stanley 6 6.754 21,14 162 8 5.162 1.592 Credit Suisse 7 6.473 2,225 178 7 6.763 -.29 Wells Fargo 8 5.884 18,384 174 9 5.78.86 Deutsche Bank 9 4.462 13,941 15 6 8.151-3.689 RBC Capital Markets 1 4.233 13,226 129 1 3.99.324 Jefferies 11 3.2 9,381 53 15 1.53 1.499 BMO Capital Markets 12 1.758 5,492 58 21.646 1.112 SunTrust Robinson Humphrey 13 1.674 5,232 6 13 1.919 -.245 UBS 14 1.661 5,189 49 11 2.364 -.73 HSBC 15 1.59 4,969 52 12 2.21 -.431 Mitsubishi UFJ Financial Group Inc 16 1.329 4,151 51 17 1.26.33 BNP Paribas 17 1.169 3,654 42 16 1.493 -.324 Scotiabank 18 1.91 3,48 45 2.682.49 Credit Agricole CIB 19 1.7 3,146 35 14 1.854 -.847 Societe Generale 2.817 2,554 29 27.448.369 TOTAL 1% 312,456 648 1% US Dollar Preferreds Morgan Stanley 1 21.267 4,532 55 3 16.447 4.82 Wells Fargo 2 14.237 3,34 36 1 24.952-1.715 Bank of America Merrill Lynch 3 13.421 2,86 41 2 24.69-1.648 UBS 4 12.881 2,745 42 4 1.576 2.35 RBC Capital Markets 5 7.627 1,625 24 8 2.681 4.946 Stifel 6 6.967 1,485 32 9 2.1 4.867 JP Morgan 7 6.55 1,29 23 6 4.631 1.424 Bank of Philippine Islands 8 3.144 67 1 - - 3.144 Citi 9 2.91 446 1 5 4.973-2.882 Raymond James & Associates 1 1.68 343 8 1 1.72.536 BMO Capital Markets 11 1.277 272 5 25.158 1.119 Ladenburg Thalmann & Co 12 1.116 238 12 27.132.984 Sandler O'Neill & Partners 13.988 211 4 18.287.71 BDO UNIBANK INC 14.939 2 1 - -.939 Jefferies 15.93 192 5 - -.93 Janney Montgomery Scott LLC 16.672 143 7 12.516.156 BB&T 17.597 127 6 16.298.299 FBR Capital Markets Corp 18.556 119 6 13.483.73 Goldman Sachs 19.483 13 1 7 3.8-2.525 Credit Suisse 19.483 13 1 11.548 -.65 TOTAL 1% 21,37 12 1% Bloomberg League Table Reports Page 6

Global Fixed Income FY 217 Canada Fixed Income Review FY 217 credited Canada Corporate Bonds volume increased 22.55% to CAD 19.2 Bln while deal count increased 32.95% to 234 offerings year-on-year. Canada Corporate Bonds - Bonus volume increased 22.55% year-on-year to CAD 19.2 Bln while the deal count increased 32.95% to 234. Canada Government Bonds volume decreased 6.95% year-on-year to CAD 15.3 Bln over 477 deals. RBC Capital Markets ranked as the top Canada Corporate Bonds underwriter for FY 217 with 21.9% market share. The bank underwrote 114 deals over the period. CIBC and TD Securities ranked second and third with 18.7% and 17.83% market share, respectively. USD Bln Canada Corporate Bonds: Quarterly Volume 4 3 2 1 Q4 Q4 212 212 Q4 Q4 213 213 Q4 Q4 214 214 Deal Count Q4 Q4 215 215 Q4 Q4 216 216 Amount Q4 Q4 217 217 9 8 6 4 2 Deal Count Quarters Canada Corporate Bonds Firm Rank Mkt Share(%) Volume (CAD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) RBC Capital Markets 1 21.93 23,41 114 1 25.445-4.352 CIBC 2 18.69 19,738 1 4 16.8 2.61 TD Securities 3 17.832 19,479 97 3 19.83-1.251 BMO Capital Markets 4 16.538 18,66 87 2 19.475-2.937 Scotiabank 5 12.21 13,328 64 5 1.363 1.838 HSBC 6 4.2 4,588 1 7 1.496 2.74 National Bank Financial Inc 7 3.898 4,258 29 6 4.17 -.29 Bank of America Merrill Lynch 8 2.182 2,383 9 8 1.44.742 Desjardins Capital Markets 9 1.68 1,167 5 11.421.647 Laurentian Bank of Canada 1.931 1,17 4 1.561.37 TOTAL 1% 19,235 234 1% Canada Corporate Bonds: Industry Breakdown 8% 5% 5% 9% 48% 11% 14% Financials 48% Energy 14% Consumer Discretionary 11% Utilities 9% Communications 5% Consumer Staples 5% Others 8% Canada Government Bonds Canada Corporate Bonds: Manager Rankings History 217 216 215 Firm Rank Mkt Share(%) Volume (CAD Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) 3 National Bank Financial Inc 1 24.12 25,399 121 1 25.353-1.233 TD Securities 2 2.52 21,589 176 2 16.484 4.18 RBC Capital Markets 3 18.229 19,196 99 3 16.179 2.5 CIBC 4 14.639 15,416 75 5 13.577 1.62 BMO Capital Markets 5 11.78 12,45 22 4 13.713-1.933 Scotiabank 6 9.242 9,733 22 6 13.153-3.911 Desjardins Capital Markets 7.422 444 12 7.634 -.212 HSBC 8.386 47 3 1.177.29 Bank of America Merrill Lynch 9.348 367 2 11.159.189 Laurentian Bank of Canada 1.24 252 26 8.292 -.52 TOTAL 1% 15,34 477 1% Market Share (%) 2 1 RBC Capital Markets CIBC TD Securities BMO Capital Markets Scotiabank HSBC Bloomberg League Table Reports Page 7

Global Fixed Income FY 217 Latin America Fixed Income Review 8 Latin American Bonds: Quarterly Volume Deal Count Amount 4 FY 217 credited Latin American Bonds volume increased 19.91% to USD 183.7 Bln while deal count increased 46.82% to 762 offerings year-on-year. Latin American Local Currency Bonds volume increased 68.2% year-on-year to USD 64.9 Bln while the deal count increased 46.1% to 881. Brazilian Domestic Bonds volume increased 49.18% year-on-year to BRL 8. Bln over 276 deals. Citi ranked as the top Latin American Bonds underwriter for FY 217 with 11.95% market share. The bank underwrote 112 deals over the period. JP Morgan and HSBC ranked second and third with 9.34% and 9.27% market share, respectively. USD Bln 6 4 2 3 2 1 Deal Count Q4 Q4 212 212 Q4 Q4 213 213 Q4 Q4 214 214 Q4 Q4 215 215 Q4 Q4 216 216 Q4 Q4 217 217 Quarters Latin American Bonds Citi 1 11.949 21,953 112 2 1.91 1.858 JP Morgan 2 9.342 17,163 76 1 1.231 -.889 HSBC 3 9.265 17,21 81 6 6.975 2.29 Banco Santander 4 8.953 16,448 16 3 9.176 -.223 Banco Itau BBA 5 7.242 13,35 115 15 2.428 4.814 Bank of America Merrill Lynch 6 6.581 12,9 58 4 8.512-1.931 Banco Bilbao Vizcaya Argentaria 7 5.864 1,772 14 5 7.536-1.672 Bradesco BBI SA 8 4.919 9,38 82 7 5.513 -.594 Deutsche Bank 9 4.72 7,481 21 8 4.51 -.429 Morgan Stanley 1 3.974 7,3 35 1 3.478.496 TOTAL 1% 183,712 762 1% 6% 6% 7% 8% 14% Latin American Bonds: Industry Breakdown 6% 35% 17% Government 35% Financials 17% Energy 14% Utilities 8% Materials 7% Consumer Discretionary 6% Industrials 6% Others 6% Latin American Local Currency Bonds Latin American Bonds: Manager Rankings History 217 216 215 15 Banco Itau BBA 1 12.435 8,68 88 4 6.45 5.985 Banco Santander 2 1.174 6,61 111 2 1.273 -.99 Bradesco BBI SA 3 9.84 6,385 67 1 19.567-9.727 Banco Bilbao Vizcaya Argentaria 4 7.587 4,923 87 3 8.291 -.74 Citi 5 6.65 4,285 73 9 2.74 3.91 HSBC 6 5.193 3,369 56 11 2.296 2.897 Scotiabank 7 5.28 3,262 46 21 1.257 3.771 JP Morgan 8 4.245 2,754 117 5 4.683 -.438 Bank of America Merrill Lynch 9 3.261 2,116 9 14 2.36 1.225 Banco BTG Pactual 1 3.252 2,11 22 27.917 2.335 TOTAL 1% 64,882 881 1% Market Share (%) 1 5 Citi JP Morgan HSBC Banco Santander Banco Itau BBA Bank of America Merrill Lynch Bloomberg League Table Reports Page 8

Global Fixed Income FY 217 EMEA Fixed Income Review FY 217 credited European Corporate & Financial Bonds volume increased 4.33% to EUR 1.2 Trln while deal count increased 9.67% to 5,264 offerings year-on-year. EMEA Corporate Investment Grade Bonds (inc EM) volume increased 1.67% year-on-year to EUR 344.3 Bln while the deal count increased 7.63% to 762. HSBC ranked as the top European Corporate & Financial Bonds underwriter for FY 217 with 5.68% market share. The bank underwrote 474 deals over the period. Barclays and Deutsche Bank ranked second and third with 5.39% and 5.3% market share, respectively. European Corporate & Financial Bonds: Highlights of FY 217 European Corporate & Financial Bonds: Industry Breakdown 18% 5% 6% 62% 9% Financials 62% Consumer Discretionary 9% Industrials 6% Utilities 5% Others 18% Top Underwriter HSBC Number of deals 474 Volume (EUR Mln) 67,18 Avg Deal size (EUR Mln) 141.4 Market Summary Number of deals 5,264 Volume (EUR Mln) 1,18,762 Avg Deal size (EUR Mln) 224.3 Issuer Industry Volume (EUR Mln) Date Banca Monte dei Paschi di Siena SpA Financials 4,268 3/1/217 BAT Capital Corp Consumer Staples 3,5 8/8/217 HSBC Holdings PLC Financials 3, 5/15/217 Volkswagen International Finance NV Volkswagen International Finance NV Consumer Discretionary Consumer Discretionary 2,695 3/23/217 2,695 3/23/217 BAT Capital Corp Consumer Staples 2,5 8/8/217 BAT Capital Corp Consumer Staples 2,5 8/8/217 HSBC Holdings PLC Financials 2,5 3/6/217 HSBC Holdings PLC Financials 2,5 3/6/217 Reckitt Benckiser Treasury Services PLC Consumer Staples 2,5 6/21/217 European Corporate & Financial Bonds: Spread to Benchmark 8 High Yield Investment Grade 6 European Corporate & Financial Bonds: Quarterly Volume Deal Count Other High Yield Basis points 4 2 6 Investment Grade 2,5 Q4 Q4 212 212 Q4 Q4 213 213 Q4 Q4 214 214 Q4 Q4 215 215 Q4 Q4 216 216 Q4 Q4 217 217 5 2, Quarters EUR Bln 4 3 2 1,5 1, Deal Count 1 5 Q4 Q4 212 212 Q4 Q4 213 213 Q4 Q4 214 214 Q4 Q4 215 215 Q4 Q4 216 216 Q4 Q4 217 217 Quarters Bloomberg League Table Reports Page 9

Global Fixed Income FY 217 European Bonds Western European Bonds Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) HSBC 1 5.974 12,212 613 1 7.115-1.141 Barclays 2 5.748 98,338 553 2 6.312 -.564 BNP Paribas 3 5.265 9,79 528 4 5.114.151 Deutsche Bank 4 5.36 86,156 563 3 5.119 -.83 JP Morgan 5 4.565 78,94 59 6 4.174.391 Citi 6 4.357 74,542 46 5 4.35.7 Goldman Sachs 7 3.76 64,326 352 8 3.936 -.176 Societe Generale 8 3.711 63,492 438 1 3.441.27 Credit Agricole CIB 9 3.521 6,239 397 7 4.94 -.573 Bank of America Merrill Lynch 1 3.57 59,994 352 11 3.11.496 UniCredit 11 3.498 59,838 428 9 3.464.34 UBS 12 2.644 45,234 256 13 2.427.217 Credit Suisse 13 2.565 43,891 337 12 2.66 -.41 NatWest Markets 14 2.526 43,222 283 15.35 2.491 Morgan Stanley 15 2.292 39,217 253 15 2.381 -.89 Banco Santander 16 2.88 35,718 265 16 2.166 -.78 Commerzbank 17 1.816 31,61 246 18 1.878 -.62 Natixis 18 1.666 28,495 231 17 2.129 -.463 Intesa Sanpaolo 19 1.593 27,255 133 19 1.765 -.172 Landesbank Hessen-Thuringen Girozentrale 2 1.593 27,249 232 32.888.75 TOTAL 1% 1,71,856 6,887 1% Eastern European Bonds VTB Capital 1 11.748 11,81 96 1 26.384-14.636 Gazprombank 2 8.283 8,327 76 3 6.825 1.458 JP Morgan 3 7.62 7,642 43 2 7.666 -.64 Sberbank CIB CJSC 4 7.98 7,136 79 7 4.417 2.681 UniCredit 5 5.15 5,42 58 6 4.876.139 Raiffeisen Bank International Group 6 4.524 4,549 46 9 2.838 1.686 Citi 7 4.393 4,416 29 4 5.44-1.11 Societe Generale 8 4.38 4,331 45 5 5.373-1.65 BNP Paribas 9 3.797 3,818 17 12 2.379 1.418 Deutsche Bank 1 3.371 3,389 19 11 2.677.694 Goldman Sachs 11 3.41 3,57 16 13 2.339.72 Barclays 12 2.94 2,956 17 8 3.588 -.648 ING Groep 13 2.855 2,871 25 14 2.24.831 Sovcombank ICB JSC 14 2.69 2,623 56 16 1.919.69 HSBC 15 2.375 2,387 13 1 2.732 -.357 Erste Group Bank 16 2.37 2,383 28 15 1.963.47 Intesa Sanpaolo 17 2.91 2,12 9 17 1.32.789 Otkritie Financial Corp JSC 18 1.645 1,653 13 23.81.844 Rosselkhozbank OJSC 19 1.571 1,58 16 36.21 1.37 PKO Bank Polski SA 2 1.49 1,416 17 21 1.17.392 TOTAL 1% 1,534 428 1% Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) HSBC 1 6.53 1,49 6 1 7.61-1.8 Barclays 2 5.79 95,692 536 2 6.325 -.535 BNP Paribas 3 5.531 91,425 519 4 5.393.138 Deutsche Bank 4 4.987 82,426 54 3 5.68 -.621 JP Morgan 5 4.298 71,47 463 8 3.862.436 Citi 6 4.197 69,365 422 5 4.143.54 Goldman Sachs 7 3.729 61,642 336 7 3.872 -.143 UniCredit 8 3.72 61,185 38 9 3.77 -.68 Credit Agricole CIB 9 3.617 59,786 393 6 4.118 -.51 Bank of America Merrill Lynch 1 3.616 59,764 349 11 3.32.584 Societe Generale 11 3.65 59,578 393 1 3.226.379 UBS 12 2.637 43,586 241 14 2.471.166 NatWest Markets 13 2.615 43,222 283 97.35 2.58 Credit Suisse 14 2.69 43,115 328 13 2.622 -.13 Morgan Stanley 15 2.346 38,77 248 16 2.47 -.61 Banco Santander 16 2.181 36,44 257 12 2.721 -.54 Commerzbank 17 1.84 29,822 228 19 1.853 -.49 Intesa Sanpaolo 18 1.711 28,282 125 18 2.74 -.363 Natixis 19 1.79 28,245 23 17 2.121 -.412 Landesbank Hessen-Thuringen Girozentrale 2 1.649 27,249 232 31.898.751 TOTAL 1% 1,652,852 6,483 1% Western European Corporate High Yield Bonds - Risk Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) JP Morgan 1 8.636 8,39 89 7 5.1 3.536 Goldman Sachs 2 7.754 7,217 74 3 8.966-1.212 Credit Suisse 3 7.181 6,684 73 9 4.866 2.315 BNP Paribas 4 6.322 5,884 69 8 4.892 1.43 Deutsche Bank 5 5.712 5,317 7 2 1.63-4.891 Barclays 6 5.659 5,267 53 4 7.347-1.688 HSBC 7 4.996 4,65 57 6 5.145 -.149 Morgan Stanley 8 4.94 4,565 38 11 2.838 2.66 Citi 9 4.387 4,83 44 1 1.821-6.434 Bank of America Merrill Lynch 1 3.649 3,397 36 5 5.242-1.593 Societe Generale 11 3.599 3,35 44 14 2.453 1.146 Credit Agricole CIB 12 3.462 3,223 4 13 2.563.899 UniCredit 13 3.99 2,885 38 12 2.638.461 ING Groep 14 2.85 2,611 34 1 3.26 -.455 NatWest Markets 15 2.432 2,264 34 - - 2.432 UBS 16 2.61 1,919 21 26.792 1.269 Natixis 17 1.6 1,49 21 19 1.219.381 Intesa Sanpaolo 18 1.536 1,429 17 16 1.823 -.287 Banco Santander 19 1.415 1,317 21 24.885.53 Nordea 2 1.344 1,251 17 17 1.63 -.259 TOTAL 1% 93,82 246 1% Bloomberg League Table Reports Page 1

Global Fixed Income FY 217 EMEA Corporate Investment Grade Bonds (inc EM) Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Barclays 1 7.828 26,95 198 3 6.354 1.474 BNP Paribas 2 7.737 26,635 192 1 8.181 -.444 Deutsche Bank 3 6.563 22,595 151 2 6.436.127 HSBC 4 6.521 22,45 179 4 6.258.263 Societe Generale 5 5.338 18,377 139 7 4.946.392 Citi 6 5.7 17,455 144 5 5.94 -.834 JP Morgan 7 4.44 15,287 121 8 4.824 -.384 Bank of America Merrill Lynch 8 3.981 13,74 113 6 5.68-1.627 UniCredit 9 3.849 13,25 99 9 3.564.285 Goldman Sachs 1 3.785 13,31 93 12 3.38.747 Banco Santander 11 3.581 12,327 15 14 2.924.657 Credit Agricole CIB 12 3.326 11,451 96 1 3.52 -.194 Mitsubishi UFJ Financial Group Inc 13 3.16 1,385 89 15 2.817.199 Mizuho Financial 14 2.666 9,18 87 22 1.564 1.12 NatWest Markets 15 2.645 9,16 86 62.7 2.575 Commerzbank 16 2.313 7,962 7 17 1.943.37 Credit Suisse 17 2.226 7,665 5 18 1.899.327 Morgan Stanley 18 2.216 7,63 56 13 2.948 -.732 ING Groep 19 1.863 6,412 71 11 3.85-1.222 Banco Bilbao Vizcaya Argentaria 2 1.737 5,98 51 23 1.432.35 TOTAL 1% 344,271 762 1% Euro Currency Bonds Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) BNP Paribas 1 6.613 85,36 483 1 6.184.429 Barclays 2 5.79 74,681 396 3 5.855 -.65 HSBC 3 5.595 72,164 432 2 5.984 -.389 Deutsche Bank 4 5.33 68,752 433 5 5.83.247 UniCredit 5 5.87 65,616 4 6 4.841.246 Societe Generale 6 4.997 64,449 385 7 4.712.285 Credit Agricole CIB 7 4.661 6,116 372 4 5.726-1.65 Goldman Sachs 8 4.637 59,86 286 1 4.24.433 JP Morgan 9 4.579 59,65 355 8 4.621 -.42 Citi 1 4.147 53,486 35 9 4.322 -.175 Bank of America Merrill Lynch 11 3.991 51,483 261 11 3.331.66 Commerzbank 12 2.716 35,3 246 13 2.736 -.2 Morgan Stanley 13 2.489 32,13 156 15 2.411.78 Natixis 14 2.333 3,94 231 12 2.866 -.533 Landesbank Baden-Wuerttemberg 15 2.163 27,899 241 14 2.55 -.342 Banco Santander 16 2.131 27,482 189 16 2.314 -.183 Landesbank Hessen-Thuringen Girozentrale 17 2.19 27,25 231 25 1.169.94 NatWest Markets 18 2.5 26,438 155 111.16 2.34 ING Groep 19 2.2 25,821 198 19 1.943.59 Intesa Sanpaolo 2 1.849 23,85 115 17 1.991 -.142 TOTAL 1% 1,289,871 3,64 1% EMEA Corporate High Yield Bonds (inc EM) - Risk Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) JP Morgan 1 8.622 1,325 17 5 5.554 3.68 Goldman Sachs 2 6.81 8,144 82 4 6.8.1 Morgan Stanley 3 5.815 6,964 45 15 2.493 3.322 Credit Suisse 4 5.753 6,89 76 1 3.457 2.296 BNP Paribas 5 5.11 6,19 71 9 3.698 1.43 Deutsche Bank 6 4.99 5,879 75 3 7.634-2.725 HSBC 7 4.643 5,56 65 7 4.58.585 Citi 8 4.491 5,378 55 2 8.617-4.126 Barclays 9 4.464 5,346 54 6 5.352 -.888 Societe Generale 1 3.51 4,193 61 13 2.84.661 UniCredit 11 3.331 3,989 51 12 2.959.372 Bank of America Merrill Lynch 12 3.187 3,816 4 8 3.978 -.791 ING Groep 13 2.896 3,468 41 11 3.1 -.15 Credit Agricole CIB 14 2.891 3,463 43 16 1.785 1.16 UBS 15 2.341 2,83 28 23.924 1.417 NatWest Markets 16 1.891 2,264 34 - - 1.891 VTB Capital 17 1.685 2,18 36 1 12.3-1.345 Sberbank CIB CJSC 18 1.64 1,921 3 19 1.346.258 Gazprombank 19 1.575 1,887 28 14 2.711-1.136 Intesa Sanpaolo 2 1.326 1,588 19 17 1.699 -.373 TOTAL 1% 119,755 363 1% Euro & Sterling Corporate & Financial Bonds Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) BNP Paribas 1 6.268 61,33 441 2 5.985.283 Barclays 2 6.156 6,24 422 4 5.163.993 HSBC 3 5.68 55,548 432 3 5.59.171 Deutsche Bank 4 5.52 53,89 378 1 5.994 -.492 UniCredit 5 4.383 42,871 295 6 4.549 -.166 Credit Agricole CIB 6 4.13 4,127 293 5 4.981 -.878 Societe Generale 7 3.971 38,842 33 7 3.85.121 JP Morgan 8 3.811 37,27 3 9 3.567.244 Goldman Sachs 9 3.483 34,67 227 12 3.11.382 Bank of America Merrill Lynch 1 3.361 32,871 219 11 3.37.54 Citi 11 3.91 3,236 267 8 3.836 -.745 Morgan Stanley 12 2.864 28,6 154 17 2.384.48 Banco Santander 13 2.756 26,952 213 1 3.542 -.786 Landesbank Hessen-Thuringen Girozentrale 14 2.664 26,54 217 24 1.344 1.32 NatWest Markets 15 2.648 25,897 222 87.46 2.62 Credit Suisse 16 2.317 22,662 162 15 2.441 -.124 Natixis 17 2.131 2,845 18 14 2.557 -.426 Intesa Sanpaolo 18 2.79 2,33 112 13 3.87-1.8 ING Groep 19 2.42 19,971 175 2 2.183 -.141 Commerzbank 2 2.28 19,83 184 18 2.291 -.263 TOTAL 1% 978,41 2,997 1% Bloomberg League Table Reports Page 11

Global Fixed Income FY 217 Sterling Bonds Swiss Franc Bonds Firm Rank Mkt Share(%) Volume (GBP Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Barclays 1 14.32 19,51 153 1 14.795 -.475 HSBC 2 13.29 18,18 149 2 14.221 -.931 NatWest Markets 3 9.193 12,525 119 25.329 8.864 RBC Capital Markets 4 6.88 8,295 73 4 5.379.79 Lloyds Bank 5 5.476 7,461 79 6 4.915.561 Deutsche Bank 6 5.51 6,881 5 9 4.444.67 JP Morgan 7 4.37 5,868 53 11 3.26 1.47 Morgan Stanley 8 4.296 5,854 23 1 4.33 -.7 Citi 9 4.244 5,783 55 5 5.26-1.16 Banco Santander 1 4.224 5,755 46 12 3.113 1.111 Bank of America Merrill Lynch 11 4.9 5,462 49 7 4.912 -.93 Credit Suisse 12 3.492 4,757 43 13 3.8.484 Goldman Sachs 13 2.73 3,719 28 17 2.132.598 BNP Paribas 14 2.645 3,64 41 15 2.529.116 Nomura 15 2.34 3,188 25 8 4.445-2.15 TD Securities 16 1.781 2,426 28 14 2.823-1.42 UBS 17 1.596 2,175 12 18 1.482.114 Scotiabank 18 1.241 1,691 12 19 1.414 -.173 FMS Wertmanagement 19 1.211 1,65 2 16 2.397-1.186 Mitsubishi UFJ Financial Group Inc 2.83 1,13 17 24.33.5 TOTAL 1% 136,245 434 1% Swedish Krona Bonds Firm Rank Mkt Share(%) Volume (SEK Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Nordea 1 2.894 74,215 164 1 22.751-1.857 Danske Bank 2 2.16 71,415 155 4 15.147 4.959 SEB 3 17.767 63,19 116 2 2.19-2.423 Swedbank 4 12.944 45,975 114 3 18.31-5.87 Svenska Handelsbanken 5 1.971 38,968 99 5 13.332-2.361 DNB ASA 6 5.472 19,436 44 6 4.812.66 ABG Sundal Collier Asa 7 1.339 4,755 13 8.977.362 Pareto Securities 8 1.127 4,4 13 7 1.677 -.55 HSBC 9 1.112 3,95 7 - - 1.112 JP Morgan 1.971 3,45 1 11.569.42 Carnegie 11.98 3,225 11 9.657.251 Credit Agricole CIB 12.771 2,74 5 13.281.49 Barclays 13.73 2,594 4 - -.73 Nomura 14.728 2,585 9 - -.728 Goldman Sachs 15.713 2,534 6 - -.713 Bank of America Merrill Lynch 16.688 2,444 6 - -.688 Arctic Securities 17.561 1,992 8 14.221.34 Citi 18.496 1,762 3 15.188.38 BNP Paribas 19.42 1,429 4 - -.42 Daiwa Securities 2.352 1,25 4 16.94.258 TOTAL 1% 355,193 61 1% Firm Rank Mkt Share(%) Volume (CHF Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Credit Suisse 1 26.196 13,83 133 1 26.943 -.747 UBS 2 22.682 11,952 115 2 2.4 2.678 Schweizerische Kantonalbanken 3 13.667 7,22 29 3 14.493 -.826 Zuercher Kantonalbank 4 9.384 4,945 55 4 9.657 -.273 Raiffeisen Switzerland 5 6.55 3,428 46 5 8.266-1.761 BNP Paribas 6 4.24 2,12 22 6 3.143.881 Deutsche Bank 7 3.543 1,867 17 7 2.997.546 Basler Kantonalbank 8 1.84 951 9 12 1.69.735 HSBC 9 1.755 925 6 11 1.151.64 Commerzbank 1 1.66 562 6 8 2.34 -.968 Aargauische Kantonalbank 11 1.25 54 3 9 1.284 -.259 Citi 12.996 525 2 24.36.69 Luzerner Kantonalbank 13.759 4 1 13.869 -.11 Vontobel Holding AG 14.696 367 6 19.415.281 Cie Financiere Tradition SA 15.692 365 46 33.175.517 Banque Cantonale de Geneve 16.614 323 5 - -.614 Thurgauer Kantonalbank 17.569 3 2 17.494.75 Banque Cantonale Vaudoise 17.569 3 2 14.593 -.24 JP Morgan 19.522 275 2 2.395.127 VTB Capital 19.522 275 2 25.247.275 TOTAL 1% 52,692 327 1% Sub-Sahara Africa Currency Bonds Standard Bank of South Africa 1 3.694 4,549 93 3 1.81 19.884 FirstRand Ltd 2 14.195 2,14 53 2 13.228.967 Nedbank Ltd 3 9.523 1,411 42 1 15.835-6.312 Barclays 4 6.232 924 21 17 1.74 5.158 Barclays Africa Group Ltd 5 5.519 818 19 - - 5.519 Strategic African Securities Ltd 6 5.426 84 8 - - 5.426 Investec 7 4.654 69 15 8 4.811 -.157 ABSA Bank Limited 8 4.18 595 11 6 5.417-1.399 Standard Chartered Bank 9 3.751 556 3 13 1.933 1.818 Fidelity Bank Ltd 1 3.73 553 7 48.23 3.77 JP Morgan 11 2.35 342 14 4 9.98-7.63 RBC Capital Markets 12 1.392 26 9 11 2.155 -.763 Daiwa Securities 13 1.19 151 5 5 7.49-6.39 TD Securities 14.767 114 6 16 1.165 -.398 BNP Paribas 15.723 17 7 21.795 -.72 Steinhoff Services Ltd 16.71 15 2 - -.71 Industrial & Comm Bank of China 17.56 83 2 15 1.21 -.65 Telkom SA SOC Ltd 18.519 77 4 - -.519 MCB Registry & Securities Ltd 19.435 64 4 2.81 -.366 Citi 2.396 59 2 14 1.226 -.83 TOTAL 1% 14,819 325 1% Bloomberg League Table Reports Page 12

Global Fixed Income FY 217 CEEMEA Bonds MENA Bonds & Sukuk JP Morgan 1 9.557 26,363 112 2 7.517 2.4 Citi 2 9.114 25,142 112 3 7.496 1.618 HSBC 3 7.56 19,463 87 4 6.121.935 VTB Capital 4 4.483 12,367 99 1 9.666-5.183 Standard Chartered Bank 5 3.977 1,971 59 9 2.788 1.189 BNP Paribas 6 3.859 1,645 49 6 3.524.335 Deutsche Bank 7 3.662 1,12 4 8 2.8.862 Goldman Sachs 8 3.61 8,444 35 12 2.417.644 Gazprombank 9 3.19 8,327 76 11 2.511.58 Barclays 1 2.84 7,736 56 5 3.955-1.151 Sberbank CIB CJSC 11 2.587 7,136 79 18 1.625.962 UniCredit 12 2.315 6,385 63 13 2.217.98 Societe Generale 13 2.143 5,911 6 1 2.521 -.378 First Abu Dhabi Bank PJSC 14 1.82 4,971 25 - - 1.82 Bank of America Merrill Lynch 15 1.779 4,98 25 7 2.979-1.2 Raiffeisen Bank International Group 16 1.74 4,799 47 23 1.44.696 Mitsubishi UFJ Financial Group Inc 17 1.724 4,757 2 14 2.27 -.483 Standard Bank of South Africa 18 1.478 4,76 73 36.639.839 Gulf International Bank BSC 19 1.469 4,52 1 54.329 1.14 ING Groep 2 1.353 3,731 33 24 1.7.346 TOTAL 1% 275,847 1,9 1% JP Morgan 1 15.622 15,454 48 1 1.59 5.563 HSBC 2 13.342 13,199 51 2 9.267 4.75 Citi 3 1.656 1,542 36 3 8.442 2.214 Standard Chartered Bank 4 5.294 5,237 32 4 6.226 -.932 First Abu Dhabi Bank PJSC 5 5.24 4,971 25 - - 5.24 BNP Paribas 6 4.521 4,472 2 8 3.921.6 Gulf International Bank BSC 7 4.96 4,52 1 26.991 3.15 Deutsche Bank 8 3.95 3,863 9 7 4.32 -.415 Mitsubishi UFJ Financial Group Inc 9 3.628 3,589 13 6 5.91-2.273 Goldman Sachs 1 2.873 2,842 8 12 2.628.245 Bank of America Merrill Lynch 11 2.651 2,623 1 9 3.869-1.218 Natixis 12 2.424 2,398 11 24 1.81 1.343 Morgan Stanley 13 2.325 2,3 3 1 2.821 -.496 National Commercial Bank 14 2.87 2,64 4 13 2.545 -.458 Emirates NBD PJSC 15 1.737 1,718 19 16 2.337 -.6 Barclays 16 1.576 1,559 18 17 2.154 -.578 NBK Capital 17 1.53 1,514 4 33.38 1.15 Qatar National Bank 18 1.95 1,83 2 19 1.826 -.731 Credit Agricole CIB 19 1.92 1,81 19 18 1.95 -.858 Dubai Islamic Bank 2 1.17 1,6 9 14 2.427-1.41 TOTAL 1% 98,93 194 1% Africa Bonds Citi 1 15.344 6,373 25 4 9.18 6.164 Standard Bank of South Africa 2 12.353 5,131 12 2 11.87.546 Standard Chartered Bank 3 1.253 4,258 16 8 5.222 5.31 JP Morgan 4 7.678 3,189 14 6 6.194 1.484 Natixis 5 6.48 2,661 1 - - 6.48 BNP Paribas 6 6.194 2,572 11 18.784 5.41 FirstRand Ltd 7 4.672 1,94 51 3 1.659-5.987 Barclays 8 4.651 1,932 18 5 8.244-3.593 Nedbank Ltd 9 4.482 1,861 39 1 15. -1.518 Deutsche Bank 1 3.47 1,415 6 18.784 2.623 Qatar National Bank 11 2.48 1, 1 - - 2.48 HSBC 12 2.345 974 6 7 5.953-3.68 Strategic African Securities Ltd 13 2.114 878 1 3.217 1.897 Investec 14 1.969 818 17 12 2.947 -.978 Barclays Africa Group Ltd 15 1.758 73 17 - - 1.758 Bank of America Merrill Lynch 16 1.575 654 5 1 3.446-1.871 Fidelity Bank Ltd 17 1.331 553 7 38.18 1.313 Societe Generale 18 1.89 452 3 - - 1.89 RBC Capital Markets 19 1.81 449 3 - - 1.81 Credit Suisse 2 1.65 442 4 - - 1.65 TOTAL 1% 41,532 292 1% Bloomberg League Table Reports Page 13

Global Fixed Income FY 217 Spain Bonds Spain Corporates Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Banco Santander 1 9.582 1,288 56 2 1.716-1.134 Banco Bilbao Vizcaya Argentaria 2 9.334 1,21 55 1 11.722-2.388 Barclays 3 7.596 8,155 31 3 7.677 -.81 HSBC 4 7.36 7,553 38 11 3.523 3.513 Citi 5 6.893 7,4 28 5 5.694 1.199 La Caixa 6 5.956 6,394 31 4 7.4-1.48 BNP Paribas 7 5.151 5,53 28 7 4.528.623 Morgan Stanley 8 4.298 4,614 26 13 3.377.921 Goldman Sachs 9 4.247 4,559 23 9 3.543.74 Societe Generale 1 4.173 4,48 34 6 4.995 -.822 JP Morgan 11 3.994 4,288 26 1 3.526.468 Credit Agricole CIB 12 3.649 3,918 34 8 4.469 -.82 Bank of America Merrill Lynch 13 2.572 2,761 2 18 1.481 1.91 Banco Sabadell 14 2.399 2,576 19 14 2.964 -.565 UniCredit 15 2.13 2,258 18 16 2.2.83 NatWest Markets 16 2.98 2,252 15 38.226 1.872 Credit Suisse 17 2.97 2,252 15 21 1.135.962 Natixis 18 1.757 1,886 14 15 2.161 -.44 Deutsche Bank 19 1.652 1,774 16 12 3.479-1.827 Nomura 2 1.493 1,63 14 27.811.682 TOTAL 1% 17,36 252 1% Spain Financials Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Banco Santander 1 7.549 3,152 22 1 12.537-4.988 Barclays 2 5.951 2,485 13 3 7.398-1.447 Bank of America Merrill Lynch 3 5.496 2,295 15 18 1.565 3.931 Citi 4 5.462 2,281 14 11 3.964 1.498 La Caixa 5 5.453 2,277 9 25 1.75 4.378 HSBC 6 5.98 2,129 14 12 2.973 2.125 Goldman Sachs 7 5.83 2,123 11 8 4.875.28 Banco Bilbao Vizcaya Argentaria 8 4.962 2,72 14 2 9.813-4.851 Banco Sabadell 9 4.849 2,25 7 4 6.656-1.87 BNP Paribas 1 4.266 1,781 1 16 1.843 2.423 Credit Suisse 11 4.144 1,731 9 15 2.119 2.25 Credit Agricole CIB 12 3.867 1,615 1 6 5.4-1.137 JP Morgan 13 3.634 1,518 1 27.72 2.914 Morgan Stanley 14 3.53 1,474 11 29.645 2.885 Nomura 15 3.42 1,428 12 14 2.25 1.215 Natixis 16 3.412 1,425 8 9 4.673-1.261 Societe Generale 17 3.23 1,338 9 1 4.432-1.229 Deutsche Bank 18 2.898 1,21 9 5 5.17-2.29 Banco Popular Espanol SA 19 2.349 981 1 17 1.689.66 UBS 2 2.155 9 5 7 4.884-2.729 TOTAL 1% 41,76 113 1% Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Morgan Stanley 1 8.321 2,37 14 7 5.227 3.94 Banco Santander 2 6.994 1,939 2 3 7.649 -.655 Banco Bilbao Vizcaya Argentaria 3 6.431 1,783 17 2 8.299-1.868 Barclays 4 6.359 1,763 13 4 5.94.419 Societe Generale 5 6.58 1,679 19 8 5.132.926 La Caixa 6 5.492 1,522 18 1 9.234-3.742 JP Morgan 7 5.486 1,521 13 1 3.696 1.79 Citi 8 5.24 1,453 11 13 3.62 2.178 HSBC 9 4.954 1,373 12 19 1.792 3.162 BNP Paribas 1 4.564 1,265 15 6 5.752-1.188 Credit Agricole CIB 11 3.741 1,37 14 11 3.548.193 NatWest Markets 12 3.249 91 9 - - 3.249 UniCredit 13 2.662 738 9 14 2.781 -.119 Goldman Sachs 14 2.597 72 8 21 1.625.972 Mizuho Financial 15 2.475 686 6 17 2.167.38 ING Groep 16 2.366 656 8 16 2.558 -.192 Mediobanca 17 2.1 557 8 2 1.752.258 Deutsche Bank 18 1.997 553 6 5 5.791-3.794 Intesa Sanpaolo 19 1.853 514 6 9 3.964-2.111 Credit Suisse 2 1.843 511 5 24 1.286.557 TOTAL 1% 27,719 77 1% Spain Government & Agencies Firm Rank Mkt Share(%) Volume (EUR Mln) Deal Count Prev Rank Prev Mkt Share(%) Mkt Share Chg(%) Banco Bilbao Vizcaya Argentaria 1 16.279 6,166 24 1 16.354 -.75 Banco Santander 2 13.718 5,196 14 3 11.218 2.5 HSBC 3 1.695 4,51 12 9 5.437 5.258 Barclays 4 1.313 3,97 5 5 9.315.998 Citi 5 9.68 3,667 3 4 9.527.153 La Caixa 6 6.85 2,595 4 2 11.41-4.551 BNP Paribas 7 6.556 2,483 3 6 6.351.25 Goldman Sachs 8 4.532 1,717 4 12 3.658.874 Societe Generale 9 3.863 1,463 6 8 5.472-1.69 Credit Agricole CIB 1 3.342 1,266 1 11 4.633-1.291 JP Morgan 11 3.3 1,25 3 7 6.293-2.993 Morgan Stanley 12 2.2 833 1 1 4.764-2.564 NatWest Markets 12 2.2 833 1 - - 2.2 UniCredit 14 1.848 7 3 13 2.64 -.216 Bankia 15.788 299 6 16.91 -.122 CECABANK SA 16.634 24 4 18.159.475 Norbolsa 17.594 225 2 14 1.175 -.581 Nomura 18.462 175 2 - -.462 Beka Finance SV SA 19.44 167 1 17.238.22 Abanca Corporacion Bancaria SA 2.396 15 1 - -.396 TOTAL 1% 37,88 62 1% Bloomberg League Table Reports Page 14

Global Fixed Income FY 217 Asia ex-japan Fixed Income Review Asia ex-japan G3 Currency Bonds: Quarterly Volume Deal Count Other FY 217 credited Asia ex-japan G3 Currency Bonds volume increased 61.86% to USD 327.2 Bln while deal count increased 49.56% to 673 offerings year-on-year. Asia ex-japan G3 Investment Grade Bonds volume increased 46.65% year-on-year to USD 226.1 Bln while the deal count increased 39.46% to 417. Asia ex-japan G3 Corporate High Yield Bonds volume increased 157.44% year-on-year to USD 48.2 Bln over 136 deals. HSBC ranked as the top Asia ex-japan G3 Currency Bonds underwriter for FY 217 with 7.84% market share. The bank underwrote 275 deals over the period. Citi and Standard Chartered Bank ranked second and third with 6.69% and 5.77% market share, respectively. USD Bln 1 5 Q4 Q4 212 212 Q4 Q4 213 213 Q4 Q4 214 214 Q4 Q4 215 215 High Yield Investment Grade Q4 Q4 216 216 Q4 Q4 217 217 2 1 Deal Count Quarters Asia ex-japan G3 Currency Bonds: Highlights of FY 217 Issuer Industry Volume (USD Mln) Date Postal Savings Bank of China Co Ltd Financials 7,25 9/21/217 China Evergrande Group Financials 4,68 6/21/217 Alibaba Group Holding Ltd Consumer Discretionary 2,55 11/29/217 State Grid Overseas Investment 216 Ltd Utilities 2,35 4/26/217 China Zheshang Bank Co Ltd Financials 2,175 3/22/217 Kaisa Group Holdings Ltd Financials 2,12 6/22/217 Philippine Government International Bond Government 2, 1/18/217 CNAC HK Finbridge Co Ltd Materials 2, 12/15/217 Perusahaan Penerbit SBSN Indonesia III Government 2, 3/22/217 CNAC HK Synbridge Co Ltd Materials 2, 5/3/217 Asia ex-japan G3 Currency Bonds: Industry Breakdown 1% 5% 5% 6% 51% 7% 16% Financials 51% Government 16% Utilities 7% Consumer Discretionary 6% Materials 5% Energy 5% Others 1% Asia ex-japan G3 Currency Bonds: Largest Deals by Country Issuer Volume (USD Mln) Date Country Postal Savings Bank of China Co Ltd 7,25 9/21/217 China Radiant Access Ltd 1,5 5/11/217 Hong Kong Vedanta Resources PLC 1, 8/3/217 India Perusahaan Penerbit SBSN Indonesia III 2, 3/22/217 Indonesia Gohl Capital Ltd 1, 1/17/217 Malaysia Philippine Government International Bond 2, 1/18/217 Philippines DBS Bank Ltd 795 1/16/217 Singapore Export-Import Bank of Korea 1, 1/24/217 South Korea Sri Lanka Government International Bond 1,5 5/4/217 Sri Lanka Bank of Taiwan 5 3/21/217 Taiwan Siam Commercial Bank PCL/Cayman Islands 5 11/9/217 Thailand Asia ex-japan G3 Currency Bonds: Manager Rankings History Market Share (%) 15 1 5 217 216 215 HSBC Citi Standard Chartered Bank Bank of China Deutsche Bank JP Morgan Bloomberg League Table Reports Page 15

Global Fixed Income FY 217 Asia ex-japan Issuer G3 Currency Bonds APAC ex-japan Issuer G3 Currency Bonds HSBC 1 7.844 25,666 275 1 1.917-3.73 Citi 2 6.695 21,96 24 2 7.385 -.69 Standard Chartered Bank 3 5.773 18,888 186 3 6.51 -.728 Bank of China 4 5.244 17,157 23 4 5.952 -.78 Deutsche Bank 5 4.168 13,638 125 7 3.948.22 JP Morgan 6 3.858 12,623 113 6 4.74 -.846 Goldman Sachs 7 3.324 1,877 13 11 2.929.395 Morgan Stanley 8 3.38 1,824 1 15 2.28 1.1 Bank of America Merrill Lynch 9 3.28 1,732 1 5 5.62-2.322 BNP Paribas 1 3.78 1,73 111 1 3.145 -.67 UBS 11 2.941 9,623 12 9 3.353 -.412 Industrial & Comm Bank of China 12 2.936 9,67 14 8 3.566 -.63 DBS Group 13 2.96 9,59 121 14 2.633.273 Credit Suisse 14 2.714 8,88 83 13 2.878 -.164 China Construction Bank 15 2.663 8,715 12 19 1.744.919 Haitong Securities Co Ltd 16 2.62 6,746 85 2 1.438.624 Barclays 17 2.36 6,66 69 12 2.883 -.847 Credit Agricole CIB 18 2.25 6,627 72 16 2.123 -.98 Bank of Communications 19 2.15 6,593 17 17 2.88 -.73 ANZ Banking Group 2 1.698 5,555 74 18 1.979 -.281 TOTAL 1% 327,2 673 1% Asia ex-japan G3 Investment Grade Bonds HSBC 1 8.43 19,6 24 1 11.675-3.245 Citi 2 7.821 17,683 158 2 8.459 -.638 Standard Chartered Bank 3 5.967 13,492 138 3 6.524 -.557 Bank of China 4 5.119 11,574 167 4 6.257-1.138 Bank of America Merrill Lynch 5 3.938 8,93 76 5 5.355-1.417 Goldman Sachs 6 3.936 8,9 85 11 2.929 1.7 Deutsche Bank 7 3.795 8,58 74 9 3.197.598 JP Morgan 8 3.767 8,516 76 6 4.889-1.122 BNP Paribas 9 3.598 8,134 9 8 3.49.18 Morgan Stanley 1 3.361 7,598 67 15 2.43.958 China Construction Bank 11 3.215 7,27 99 16 2.24 1.191 Industrial & Comm Bank of China 12 3.72 6,946 113 7 4.273-1.21 UBS 13 2.843 6,428 72 1 3.16 -.173 Credit Agricole CIB 14 2.656 6,4 66 13 2.743 -.87 Bank of Communications 15 2.424 5,481 9 14 2.543 -.119 DBS Group 16 2.247 5,81 73 18 1.957.29 Barclays 17 2.15 4,861 48 12 2.895 -.745 Mizuho Financial 18 1.932 4,369 54 21 1.577.355 ANZ Banking Group 19 1.921 4,344 59 17 1.985 -.64 Credit Suisse 2 1.79 3,864 32 19 1.794 -.85 TOTAL 1% 226,96 417 1% HSBC 1 7.988 32,348 314 1 11.474-3.486 Citi 2 7.454 3,184 253 2 8.698-1.244 JP Morgan 3 5.539 22,43 166 3 6.649-1.11 Standard Chartered Bank 4 4.664 18,888 186 5 4.668 -.4 Bank of America Merrill Lynch 5 4.259 17,245 131 4 6.572-2.313 Bank of China 6 4.237 17,157 23 6 4.274 -.37 Morgan Stanley 7 4.62 16,447 133 1 3.455.67 Deutsche Bank 8 3.87 15,673 135 9 3.595.275 Goldman Sachs 9 3.384 13,72 119 7 4.232 -.848 BNP Paribas 1 3.1 12,554 124 12 2.984.116 UBS 11 2.871 11,626 132 8 3.664 -.793 Credit Suisse 12 2.543 1,297 89 13 2.841 -.298 DBS Group 13 2.389 9,675 122 16 1.927.462 Industrial & Comm Bank of China 14 2.372 9,67 14 14 2.561 -.189 ANZ Banking Group 15 2.21 8,912 94 11 3.148 -.947 China Construction Bank 16 2.152 8,715 12 2 1.253.899 Barclays 17 2.42 8,267 79 15 2.34 -.298 Credit Agricole CIB 18 1.798 7,282 78 17 1.739.59 Haitong Securities Co Ltd 19 1.77 6,913 86 22 1.33.674 Bank of Communications 2 1.628 6,593 17 18 1.499.129 TOTAL 1% 44,955 823 1% Asia ex-japan G3 Corporate High Yield Bonds Haitong Securities Co Ltd 1 8.136 3,926 44 1 4.641 3.495 Credit Suisse 2 6.92 3,339 29 3 6.865.55 HSBC 3 5.97 2,881 38 2 7.15-1.45 Deutsche Bank 4 5.318 2,566 35 1 11.41-5.723 Morgan Stanley 5 5.42 2,433 25 15 2.872 2.17 Citi 6 4.882 2,355 3 12 3.436 1.446 China Citic Bank 7 4.737 2,285 16 - - 4.737 Standard Chartered Bank 8 4.556 2,198 21 5 6.361-1.85 JP Morgan 9 4.536 2,189 23 9 4.853 -.317 DBS Group 1 3.588 1,731 14 11 3.585.3 Guotai Junan Securities Co Ltd 11 3.166 1,527 26 7 5.748-2.582 Bank of China 12 3.126 1,58 23 13 3.42 -.276 Barclays 13 2.93 1,414 13 14 3.37 -.17 China Merchants Securities 14 2.781 1,342 13 33.41 2.38 Goldman Sachs 15 2.751 1,327 13 8 5.26-2.275 UBS 16 2.651 1,279 27 4 6.8-4.149 Bank of America Merrill Lynch 17 2.41 985 16 6 5.821-3.78 Industrial & Comm Bank of China 18 1.618 78 11 42.187 1.431 ANZ Banking Group 19 1.554 75 7 2 1.67.487 BNP Paribas 2 1.459 74 7 16 2.448 -.989 TOTAL 1% 48,249 136 1% Bloomberg League Table Reports Page 16