MuniFin wins Best Uridashi Bond Issuer and Best Structured Note Issuer Awards
18 December 2019MuniFin has won the Best Uridashi Issuer and the Best Sturctured Note Issuer awards by CMD Portal, a London based company managing market data of over 27,500 registered bond and money market issues. MuniFin has been an active and valued issuer in the Uridashi market since 1990s. Due to their high credit rating and brand MuniFin has become a household name in the market. The team constantly meets with the Japanese Uridashi dealers.
– Due to active communication with the dealers we are able to better understand market trends. In addition, we have invested in risk modelling in order to accommodate these products. Our target is to remain as an active issuer in the Uridashi market, Funding Manager Karoliina Kajova says.
In 2020 Uridashi volumes for MuniFin reached EUR1.2bn.
According to CMD Portal MuniFin has been recognised as the Best Uridashi and Best Structured Note Issuer, both in terms of number and diversity of deals. MuniFin managed to grow the number of structured notes issued despite the challenging market conditions due to COVID. MuniFin has also been able to maintain its strong presence in the market despite the overall structured market shrinking considerably each year.
CMD Portal connects issuers with dealers and investors of fixed income instruments globally and provides transparency through trade and flow reports to the market.