Thomson Reuters on Friday released the top government-guaranteed bond underwriters for the third quarter of 2009 as of Thursday, September 24.

 The table reflects all U.S. dollar denominated bond issuance.
GOVERNMENT-GUARANTEED BONDS
BOOKRUNNER                         VOLUME                MARKET     #OF
7/1/2009 - 9/24/2009               (US$ MLN)      RANK   SHARE      ISSUES
Citi                                9,418.4        1      26.6        9
Bank of America Merrill Lynch       5,720.5        2      16.2        8
Goldman Sachs & Co                  4,905.1        3      13.9        9
JP Morgan                           3,655.9        4      10.3        7
Morgan Stanley                      3,170.3        5       9.0        7
BNP Paribas SA                      1,895.2        6       5.4        2
Barclays Capital                    1,500.9        7       4.2        4
Deutsche Bank AG                    1,332.6        8       3.8        2
UBS                                 1,229.3        9       3.5        2
RBS                                   895.2       10       2.5        1
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BOOKRUNNER                         VOLUME                MARKET     #OF
1/1/2009 - 9/24/2009               (US$ MLN)      RANK   SHARE      ISSUES
Citi                               60,820.8        1      22.8       48
JP Morgan                          44,102.3        2      16.5       39
Bank of America Merrill Lynch      40,810.9        3      15.3       30
Morgan Stanley                     32,257.1        4      12.1       36
Goldman Sachs & Co                 26,716.6        5      10.0       37
Barclays Capital                   11,571.1        6       4.3       19
HSBC Holdings PLC                  10,814.7        7       4.1       11
BNP Paribas SA                     10,001.7        8       3.7        8
Deutsche Bank AG                    8,173.5        9       3.1       16
Credit Suisse                       3,675.1       10       1.4        8
Source: Thomson Reuters
Bond criteria for the tables are established and published in cooperation with
bond underwriters. Sovereign and emerging market high-yield bonds are excluded
from the tables. All underlying data are made available to bond underwriters to
ensure market transparency.