La banque d'un monde qui change 2004 - BNP Paribas

fixedincomeBnp paribas sao pauloAfter a historical high in 2003 and despitea more adverse trading environment in 2004,the Group has kept on demonstrating thedeepening of its client franchise, translatinginto resilient client revenues in all the fourregions where the Bank operates.BNP Paribas provides a complete range ofFixed Income products to debt managementprofessionals, ranging from the simplest financialinstruments to in-depth specialist advice on themost complex of debt management challenges.BNP Paribas operates the 2nd-largest balancesheet in Europe and trades with an Aa2/AA rating(source: Moody’s, Fitch). From this formidableplatform, the Bank has built a comprehensiveFixed Income capacity with a client-drivenapproach that is backed up by strong legaland operations expertise.In terms of market recognition, BNP Paribaswas granted the following rankings in the Creditmarkets area:• Thomson Financial league tables showBNP Paribas in 2nd position for corporatebonds issuance in euros, and the Bank has beengranted IFR top award of “Euro Investment-Grade Corporate House of the Year” forthe third time running, as well as the “Euro-MTN House of the Year” for the first time.• BNP Paribas ranked no. 1 for trades executedwith clients on the Market Axess Europeanelectronic platform.• Credit Magazine survey ranked BNP Paribasin 2nd place for overall secondary liquidityon European corporate bonds markets.• The Bank ranked 3rd-leading arrangerof synthetic Collateralised Debt Obligationsfor Q4 2003 in CreditFlux, and Asia Risk ratedBNP Paribas no. 1 in Japan.Best In-House System Award 2005BNP Paribas has won Risk Magazine’s“Best In-House System Award” for 2005 forits CredIM platform. This on line applicationenables investors to access information aboutstructured products in the form of bonds,as well as to trade on line. BNP Paribasguarantees the liquidity of the system andensures that purchase and sale prices arealways available.CredIM is particularly useful for retail andprivate banks seeking to provide theirclients with both a simple system for tradingin sophisticated products, and a liquidityguarantee allowing them to enter or exitpositions at any time.The CredIM offer covers all products – whetherstructured or not – distributed in the form ofbonds by BNP Paribas’ Fixed Income business.