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
  • 27 Sep 2016
1 Barclays 16,573.29 25 10.75%
2 HSBC 13,571.24 19 8.80%
3 Citi 12,420.96 21 8.06%
4 JPMorgan 11,260.26 20 7.30%
5 Goldman Sachs 11,188.94 18 7.26%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 26 Sep 2016
1 JPMorgan 44,166.08 145 12.03%
2 Bank of America Merrill Lynch 35,499.19 101 9.67%
3 Citi 35,120.34 106 9.57%
4 HSBC 28,900.41 79 7.87%
5 Goldman Sachs 25,019.12 58 6.82%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Sep 2016
1 Barclays 32,641.50 78 8.97%
2 UniCredit 28,262.86 104 7.76%
3 HSBC 28,056.56 98 7.71%
4 Credit Agricole CIB 24,626.69 69 6.76%
5 JPMorgan 24,044.23 73 6.60%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 12 Sep 2016
1 JPMorgan 70,827.81 399 3.76%
2 HSBC 65,838.69 258 3.49%
3 Barclays 63,715.99 198 3.38%
4 Citi 60,728.54 204 3.22%
5 Bank of America Merrill Lynch 50,964.80 163 2.70%