AfDB in the news

  • Asian Development Bank taps ultra-long Kangaroo

    Asian Development Bank added a A$60m ($47.7m) clip to its 15 year Australian dollar bond on Wednesday, as demand growxs for Kangaroo paper beyond 10 years.

    • 04:15 PM
  • Funding scorecard: supranationals

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

    • 07 Jul 2017
  • IADB launches 15 year Kangaroo note

    Inter-American Development Bank launched a debut 15 year Kangaroo bond on Monday, the third supranational to look for ultra-long Australian dollar funding in the last year.

    • 19 Jun 2017
  • Floaters to benefit from hawkish Fed

    The US Federal Reserve raised its target rate on Wednesday and MTN bankers are hoping it will keep on a rising path — with floating rate note issuance set to benefit.

    • 15 Jun 2017
  • SSAs get real from currency in flux

    The Brazilian real may have taken a hit amid corruption allegations about the country’s president, but it is still a hit for supranational issuers.

    • 01 Jun 2017
  • KBN opens dormant Kauri market

    Kommunalbanken on Tuesday became the first issuer to tap the Kauri market since February. The Nordic agency responded to reverse enquiries, tapping an eight year bond at an after-swap pricing level that was a little over its dollar curve.

    • 11 May 2017
  • Funding scorecard: supranationals

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

    • 21 Apr 2017
  • AfDB mulls green bond Uridashi

    The African Development Bank could join the Asian Development Bank in printing green bonds in the Uridashi market, while the World Bank is looking at SRI opportunities in Singapore.

    • 12 Apr 2017
  • IFC considers green Kangaroo bond

    The International Finance Corp could use the Kangaroo market to expand its burgeoning green bond programme.

    • 23 Mar 2017
  • GC BondMarker: ESM triumphs with 10 year play

    Market participants have declared a pair of supranational deals to be top banana in this week's GC BondMarker voting.

    • 16 Mar 2017
  • Funding scorecard: supranationals

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

    • 10 Mar 2017
  • AfDB USD2.5bn 1.875% Mar 20

    • 09 Mar 2017
  • Dollar floaters find favour in MTNs

    Short dated US dollar floating rate notes proved a popular product in the MTN market this week as some investors sought protection against a likely policy rate hike.

    • 09 Mar 2017
  • AfDB joins dollar party but can the fun last?

    The African Development Bank (AfDB) this week became the latest public sector borrower to enjoy the red hot dollar market, printing a trade that drew an order book larger than its entire 2012 funding programme. Widening swap spreads have been a major factor in the dollar market’s fantastic run this year but a double whammy of event risk next Wednesday could bring it shuddering to a halt, writes Craig McGlashan.

    • 09 Mar 2017
  • AfDB prints ‘best ever’ trade as it showcases new style

    The African Development Bank sold its largest ever benchmark on Wednesday, in a deal which bankers said should hammer home the issuer’s “new style” to investors. Meanwhile, Municipality Finance brought its first dollar benchmark of the year.

    • 08 Mar 2017
  • Funding scorecard: Supranationals

    This week's funding scorecard looks at the funding progress supranationals have made in their funding progress by the end of January.

    • 27 Jan 2017
  • 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

Dealer League Table AfDB

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 673.76 2 20.69%
2 SG Corporate & Investment Banking 525.64 2 16.14%
3 HSBC 394.74 1 12.12%
3 Credit Agricole CIB 394.74 1 12.12%
5 Deutsche Bank 300.00 1 9.21%

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 18 Jul 2017
1 Citi 14,891.10 17 9.46%
2 Barclays 12,759.91 17 8.11%
3 HSBC 12,732.87 18 8.09%
4 BNP Paribas 12,133.14 16 7.71%
5 JPMorgan 10,382.02 14 6.60%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jul 2017
1 Citi 33,810.56 82 12.15%
2 JPMorgan 30,730.06 80 11.05%
3 HSBC 21,125.88 53 7.59%
4 Bank of America Merrill Lynch 20,817.31 63 7.48%
5 Deutsche Bank 19,672.75 44 7.07%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jul 2017
1 HSBC 26,261.47 79 7.41%
2 Barclays 25,367.48 60 7.15%
3 BNP Paribas 25,241.18 48 7.12%
4 UniCredit 25,109.75 69 7.08%
5 JPMorgan 25,047.63 70 7.06%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jul 2017
1 Citi 64,707.03 216 7.61%
2 JPMorgan 64,103.16 349 7.54%
3 HSBC 54,776.10 208 6.44%
4 Barclays 49,173.78 145 5.78%
5 Deutsche Bank 45,614.64 170 5.37%