BondMarker


Welcome to GC BondMarker, where we invite you to score bonds on five criteria according to the quality of their execution and performance.

Hundreds of bonds worth billions of dollars and euros are launched each week across the world, but apart from bare distribution statistics, anecdotal performance data and GlobalCapital's world-famous bond comments, the market lacks a focal point through which a transaction can be deemed a success or not.  Not anymore.

GC BondMarker
 gives you the ability to score, anonymously, a deal according to its success across five key criteria: pricing, choice of structure and/or maturity, quality of the investor book, timing and performance. Market participants will have five market days to vote on the five qualities of a deal after it is launched, ranking each criteria between zero and 10.

Bookrunners will then be able to see what their peers think about the deals they have lead managed, while borrowers will find out what the market really thinks about their transactions — and how their deals compare against others. 

The latest results are available below. As a special thank you for voting, you'll also receive the results before publication if you leave your contact details (which will be kept in the strictest confidence).

Latest deals for scoring:

Joint Laender €1bn 0.625% Oct 2027
KfW €3bn 0% Dec 2022
Cades $3bn 1.75% Sep 2019
Land NRW $1bn 1.875% Oct 2020
EIB $3bn 2% Dec 2022
SFIL €1bn 0.1% Oct 2022
Dexia €1.5bn 1% Oct 2027
EFSF €3bn 0.125% Oct 2023

Bond Score 

GC BondMarker — latest results

  • BondMarker results: French agencies meet mixed reviews

    The scores have been counted and the results are in. The BondMarker voters have delivered their verdict on last week's crop of benchmarks, including a scintillating pair of deals from supranationals. Two deals from French agencies met with drastically different levels of approval from the BondMarker voters, but both fared better than Land NRW.

    • 19 Oct 2017
  • Q3 BondMarker euro focus: long bonds find favour with voters

    No fewer than five euro benchmark bond issues achieved an average score of nine or above in BondMarker voting in the third quarter. Voter preference was heavily weighted towards the long end of the curve: four of the five top-scoring deals of the quarter had tenors of 10 years or longer and two were longer than 30 years.

    • 13 Oct 2017
  • BondMarker results: Ireland stands alone

    The BondMarker voters have spoken. The results are in for last week's solitary benchmark from Ireland.

    • 12 Oct 2017
  • BondMarker Q3 focus: agencies battle for top spot in dollars

    A Japanese agency has pipped a Nordic one to the post in a tightly-fought race for the top dollar scores on BondMarker in the third quarter. Just 0.2 marks separate the top three scored dollar prints.

    • 06 Oct 2017
  • BondMarker results: impressive results across the board

    Last week's crop of benchmarks have been subjected to the scrutiny of the BondMarker voters and, on the whole, they were pretty impressed.

    • 05 Oct 2017
  • BondMarker results: OeKB stands alone

    The votes are in on last week's solitary benchmark from the SSA sector. The BondMarker voters have delivered their verdict on Oesterreichische KontrollBank's €1.5bn September 2024 note.

    • 28 Sep 2017
  • BondMarker results: Austria’s century venture scored

    The eurozone’s first ever 100 year syndication launched last week, much to the excitement of the SSA market. Read on to see how the BondMarker voters rated Austria’s €3.5bn effort, as well as trades from Finland, Kommuninvest, Nordic Investment Bank, European Investment Bank and Dexia.

    • 21 Sep 2017
  • BondMarker results: the September rush

    Last week brought a slew of high quality deals, despite the ECB meeting on September 7 causing some issuers to hold off. Those that went ahead have been scored by the BondMarker voters. Read on to see how they did.

    • 14 Sep 2017
  • BondMarker results: a high grade euro showdown

    The votes are in and three high quality issuers from last week's slew of public sector benchmarks are featured in this week's breakdown of the BondMarker results.

    • 07 Sep 2017
  • BondMarker results: The post-summer deal flurry

    The summer lull is at an end and borrowers have sprung back into action. The BondMarker voters have delivered their verdict on which of last week's deals impressed.

    • 31 Aug 2017

All GC BondMarker archived stories

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Citi 17,773.39 25 9.05%
2 HSBC 16,094.53 24 8.19%
3 BNP Paribas 14,513.99 21 7.39%
4 Barclays 14,014.48 21 7.13%
5 Goldman Sachs 13,328.33 24 6.78%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 48,143.17 117 11.92%
2 Citi 45,631.49 117 11.30%
3 HSBC 32,619.65 76 8.08%
4 Bank of America Merrill Lynch 31,796.56 92 7.88%
5 Deutsche Bank 26,169.34 61 6.48%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 32,369.73 94 7.26%
2 UniCredit 32,161.79 106 7.22%
3 Goldman Sachs 31,301.28 81 7.02%
4 BNP Paribas 30,965.57 63 6.95%
5 Barclays 30,125.25 71 6.76%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 86,363.02 489 7.38%
2 Citi 86,161.20 295 7.36%
3 HSBC 75,912.57 258 6.48%
4 Bank of America Merrill Lynch 62,681.73 193 5.35%
5 Barclays 59,041.67 186 5.04%