EFSF expected to go short for last hurrah, three years seen the most likely tenor

The European Financial Stability Facility (EFSF) is expected to issue a €3bn-plus three year bond next week to complete its 2012 long term funding programme. Such a deal could produce the borrower’s first benchmark reoffered at sub Libor levels.

  • 16 Nov 2012
The issuer sent out RFPs to its dealers this week asking for ideas. The outcome is expected as early as Friday (November 16) but bankers said on Thursday that three years was the EFSF’s best option, as it has already done deals in five, seven and 10 year ...

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European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 21 Mar 2017
1 Barclays 7,850.85 11 9.64%
2 BNP Paribas 7,280.82 10 8.94%
3 JPMorgan 6,400.12 9 7.86%
4 Citi 6,397.23 7 7.85%
5 HSBC 5,782.53 9 7.10%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 70,638.94 233 5.64%
2 Citi 64,455.74 181 5.14%
3 Bank of America Merrill Lynch 52,697.88 159 4.20%
4 HSBC 50,839.31 131 4.06%
5 Goldman Sachs 40,980.07 92 3.27%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 16,973.44 36 9.52%
2 JPMorgan 15,109.82 32 8.47%
3 Bank of America Merrill Lynch 12,986.53 29 7.28%
4 Credit Agricole CIB 12,729.79 30 7.14%
5 BNP Paribas 11,479.52 24 6.44%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 JPMorgan 38,272.69 159
2 Citi 31,489.91 112
3 Barclays 29,902.18 73
4 HSBC 27,124.22 95
5 Deutsche Bank 26,280.34 101