BondMarker results: impressive results across the board

Last week's crop of benchmarks have been subjected to the scrutiny of the BondMarker voters and, on the whole, they were pretty impressed.

  • By Lewis McLellan
  • 05 Oct 2017
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The BondMarker voters scored six benchmarks from issuers across the SSA spectrum, all but one of which achieved an average of over eight, and the Province of Ontario fell short by only a 10th of a point.

However, within the six deals, different borrowers received praise for different aspects of their transaction. Belgium's $1.5bn three year and Bpifrance's €700m 2024 tap received the highest scores of the week for pricing. Ontario received one of the weakest grades for pricing but the top score for the structure/maturity of its $2bn five year.

SNCF Réseau, which received the highest average score of the week, was praised particularly for its performance and timing, but received the lowest score for its pricing.

For full coverage of the deals, click here to read the bond comments.


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  • By Lewis McLellan
  • 05 Oct 2017

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Citi 18,481.15 26 8.95%
2 HSBC 16,094.53 24 7.80%
3 BNP Paribas 15,919.65 22 7.71%
4 Barclays 15,034.43 23 7.28%
5 Goldman Sachs 14,733.99 25 7.14%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 53,381.13 125 12.09%
2 Citi 49,764.15 128 11.27%
3 HSBC 34,695.08 84 7.86%
4 Bank of America Merrill Lynch 33,616.38 101 7.61%
5 Deutsche Bank 29,250.35 70 6.62%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 33,639.57 107 7.23%
2 UniCredit 32,850.81 112 7.06%
3 Barclays 31,876.57 76 6.85%
4 Goldman Sachs 31,731.55 86 6.82%
5 BNP Paribas 31,052.89 65 6.68%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 93,202.80 530 7.40%
2 Citi 91,849.49 314 7.29%
3 HSBC 79,596.61 281 6.32%
4 Bank of America Merrill Lynch 65,275.79 207 5.18%
5 Barclays 65,250.47 203 5.18%