Australia urged to go further after 20 year record breaker

The storming success on Tuesday of the Commonwealth of Australia's longest ever syndication has opened up opportunities for the sovereign to push even further down the curve in coming years, said syndicate bankers.

  • By Nathan Collins
  • 22 Nov 2013

The strong demand for the trade — including an unusually heavy bid from central banks for such a long maturity — sets the stage for the issuer to further extend its curve in coming years. Australia printed A$5.9bn ($5.5bn) of 20 year paper from an order book of around A$9bn.  

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European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Credit Agricole CIB 2,954.82 3 6.40%
2 ING 2,687.73 2 5.82%
3 Barclays 2,583.19 4 5.59%
4 Citi 1,961.84 2 4.25%
5 BNP Paribas 1,498.16 1 3.24%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 Goldman Sachs 3,533.69 6 12.02%
2 JPMorgan 3,387.74 5 11.52%
3 HSBC 3,118.62 6 10.60%
4 Citi 3,063.28 6 10.42%
5 TD Securities Inc 2,869.30 6 9.76%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
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  • Today
1 Barclays 6,678.37 14 10.94%
2 Bank of America Merrill Lynch 6,376.34 10 10.45%
3 HSBC 5,797.79 12 9.50%
4 JPMorgan 5,367.22 10 8.79%
5 Credit Agricole CIB 4,609.90 9 7.55%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
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  • 23 Jan 2017
1 JPMorgan 14,215.75 50 9.69%
2 Barclays 13,032.51 29 8.89%
3 Citi 12,864.73 34 8.77%
4 HSBC 11,755.65 26 8.02%
5 Bank of America Merrill Lynch 9,593.97 21 6.54%