CBA prints Australian banks’ first Swedish krona MTN

Commonwealth Bank of Australia last week became the first Australian bank to sell an MTN denominated in Swedish krona. However, the likelihood of Australian banks doing more deals in the currency will depend on the basis swap between Swedish krona and US dollars, bankers said.

  • 31 Jan 2011

The note, a Skr250m ($38.3m) five year floater, was dealt by Deutsche Bank on Thursday. It was sold at par and pays 100bp over three month Stibor.

“It’s the first time we’ve issued in Swedish krona, and the first time any Australian bank has issued in the currency,” ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Citi 16,088.76 20 8.73%
2 HSBC 15,210.51 21 8.26%
3 BNP Paribas 13,600.58 19 7.38%
4 Barclays 13,491.76 19 7.32%
5 Goldman Sachs 12,661.40 23 6.87%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 40,045.00 103 11.63%
2 JPMorgan 39,221.51 105 11.39%
3 Bank of America Merrill Lynch 27,965.08 85 8.12%
4 HSBC 26,016.15 67 7.56%
5 Deutsche Bank 23,091.31 54 6.71%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 31,938.44 91 7.68%
2 UniCredit 30,615.95 95 7.37%
3 Goldman Sachs 28,739.59 76 6.91%
4 BNP Paribas 28,348.17 57 6.82%
5 Barclays 26,617.69 64 6.40%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 76,487.85 259 7.30%
2 JPMorgan 75,308.10 436 7.18%
3 HSBC 68,678.90 244 6.55%
4 Bank of America Merrill Lynch 58,136.30 178 5.55%
5 Barclays 53,257.86 172 5.08%