Czechs raise €2bn as rarity, debt restraint entice buyers

The Czech Republic’s return to the international bond market after an 18 month absence was greeted with enthusiasm by investors this week. They took the book size to over €3.5bn in around three hours, reflecting appreciation of the rarity value of the only Eurobond the Czechs will issue this year and the strength of the country’s economy.

  • 24 Feb 2012

"The Czech Republic is unique in terms of the government programme because, back in 2010, the political parties took on board the long term sustainability of public finance as one of the key priorities," said Jan Gregor, deputy minister of finance at the Czech Republic.

"Fortunately, the electorate supported ...

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European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 06 Dec 2016
1 Barclays 20,475.35 32 10.72%
2 HSBC 16,236.35 23 8.50%
3 Citi 14,240.06 25 7.45%
4 JPMorgan 14,112.19 26 7.39%
5 Goldman Sachs 13,855.60 23 7.25%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 06 Dec 2016
1 JPMorgan 50,245.18 178 11.02%
2 Citi 46,367.72 136 10.17%
3 Bank of America Merrill Lynch 43,140.49 124 9.46%
4 HSBC 39,285.99 103 8.62%
5 Goldman Sachs 31,338.33 72 6.87%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 06 Dec 2016
1 Barclays 36,926.88 95 8.54%
2 HSBC 33,060.24 122 7.65%
3 UniCredit 31,974.40 113 7.39%
4 JPMorgan 28,280.84 94 6.54%
5 Credit Agricole CIB 28,083.65 83 6.49%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 05 Dec 2016
1 HSBC 87,294.32 345 7.20%
2 JPMorgan 87,166.16 575 7.19%
3 Citi 78,596.39 270 6.49%
4 Barclays 78,038.93 251 6.44%
5 Bank of America Merrill Lynch 62,913.39 209 5.19%