AfDB in the news

  • AfDB EUR1bn 0.25% Jan 24

    • 19 Jan 2017
  • Belgium smashes size record

    Belgium hit a landmark on Tuesday, printing its biggest deal ever with a 10 year benchmark. Scoring a more modest €1bn, African Development Bank's second ever euro syndication also met with a warm reception.

    • 17 Jan 2017
  • AfDB back for seconds in euros

    The African Development Bank has announced that it will come to market for its second ever euro syndication.

    • 16 Jan 2017
  • World Bank taps landmark 15 year Kangaroo

    World Bank added an A$75m ($56.2m) tap to its November 2031 Australian dollar bond on Tuesday. The original bond was the first time an SSA had printed a Kangaroo benchmark that far out along the curve.

    • 15 Dec 2016
  • AfDB makes history with green Kangaroo print

    The African Development Bank printed the longest green bond in the history of the Kangaroo market this Tuesday.

    • 06 Dec 2016
  • AfDB and FMO go green in Swedish market

    The African Development Bank and FMO took advantage of a maturing Scandinavian SRI investor base this week, printing SRI bonds worth Skr1.25bn ($135.1m) and Skr700m respectively.

    • 24 Nov 2016
  • AfDB returns to Sweden with SRI bond

    The African Development Bank printed a Skr1.25bn ($135.3m) June 2022 green bond on Thursday. AfDB's trade follows FMO's Skr700m seven year sustainability bond that was priced on Tuesday.

    • 24 Nov 2016
  • Funding scorecard: supranationals

    This week's scorecard looks at the progress supranationals have made in their funding programmes.

    • 18 Nov 2016
  • AfDB pounces on Kanga as funding need grows

    The African Development Bank (AfDB) added a A$30m ($22.8m) tap to its June 2026 Kangaroo line on Monday. The trade could precede more issuance in this market from the borrower as it grapples with a ramped up funding target.

    • 31 Oct 2016
  • AfDB: SDR bond makes ‘perfect sense’

    The African Development Bank could follow the lead of the World Bank in issuing a bond denominated in special drawing rights, its treasurer has told GlobalCapital.

    • 24 Oct 2016
  • World Bank resurrects dollar 10s, others look to follow suit

    World Bank has reopened the 10 year part of the dollar curve, with other public sector issuers keen to follow it into the tenor.

    • 20 Oct 2016
  • AfDB USD1bn 1% Nov 18

    • 20 Oct 2016
  • World Bank to reopen 10 year dollar market

    The World Bank will on Thursday attempt to resurrect the 10 year part of the dollar curve, a sector that has had next to no benchmark issuance from top tier issuers in the second half of the year.

    • 19 Oct 2016
  • Short dollars in vogue as AfDB follows $4.5bn EIB sale

    Investors are still hungry to put their money to work in short dated dollars after a bumper last week, with the European Investment Bank on Tuesday set to price a $4.5bn three year bond and the African Development Bank mandating for a two year benchmark.

    • 18 Oct 2016
  • Funding scorecard: supranationals

    This week's funding scorecard looks at the progress supranationals have made in their funding programmes.

    • 14 Oct 2016
  • AfDB's first euro trade scores

    Bankers on and off the deal deemed the African Development Bank’s first foray into the euro market a success, thanks to the borrower's cautious approach to size and pricing.

    • 30 Sep 2016
  • AfDB’s funding team can be heroes — just for one trade

    The African Development Bank’s funding team will be “heroes” if the issuer’s debut euro benchmark is a success on Friday, said SSA bankers away from the deal.

    • 29 Sep 2016
  • AfDB USD1bn 1.125% Sep 2019

    • 15 Sep 2016
  • AfDB clocks $1bn three year to cap SSA streak

    The African Development Bank has printed a $1bn no-grow to, it is thought, cap off the week's flurry SSA dollar bonds before primary markets dry up ahead of the US rates decision next week.

    • 14 Sep 2016
  • Will the Kanga tap keep working?

    African Development Bank and Nordic Investment Bank both tapped 2026 Kangaroo bonds this week. But investor interest in the Kangaroo market is diminishing, the supras said.

    • 08 Sep 2016

Dealer League Table AfDB

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jan 2017
1 SG Corporate & Investment Banking 394.74 1 25.00%
1 HSBC 394.74 1 25.00%
1 Credit Agricole CIB 394.74 1 25.00%
1 Barclays 394.74 1 25.00%
Subtotal 1,578.95 1 100.00%

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 Morgan Stanley 1,158.55 2 14.54%
1 JPMorgan 1,158.55 2 14.54%
1 HSBC 1,158.55 2 14.54%
4 Bank of America Merrill Lynch 1,018.09 1 12.78%
5 Danske Bank 662.83 1 8.32%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 Goldman Sachs 3,533.69 6 12.02%
2 JPMorgan 3,387.74 5 11.52%
3 HSBC 3,118.62 6 10.60%
4 Citi 3,063.28 6 10.42%
5 TD Securities Inc 2,869.30 6 9.76%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 10 Jan 2017
1 JPMorgan 3,111.53 5 17.78%
2 Bank of America Merrill Lynch 2,735.23 4 15.63%
3 HSBC 2,589.66 3 14.80%
4 LBBW 2,024.41 4 11.57%
5 Barclays 1,213.11 3 6.93%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 HSBC 8,562.94 16 11.90%
2 JPMorgan 7,530.41 18 10.46%
3 Barclays 7,389.83 18 10.27%
4 Bank of America Merrill Lynch 6,234.66 16 8.66%
5 Citi 4,953.38 17 6.88%