The Collaborative Market Data Network -
serving the Public interest of Transparency in Debt Capital Markets
The Collaborative Market Data Network
Serving Transparency in Capital Markets
The Collaborative
Market Data Network
Self Led

Any negotiable Debt instrument (Bond, Note, MTN, CP, CD, Bill) that is sold by a primary market dealer that belongs to the same Group as the Issuer is self led. By definition the concept of Self Led only applies to privately placed securities. It therefore does not apply to Syndicated issues or to issues sold through Auctions. By definition Self Led issues are excluded from third party Issuer and Dealer League tables. Third party league tables therefore rank institutions for their ability to place paper through unconnected parties.