AfDB in the news

  • IFC considers green Kangaroo bond

    The International Finance Corporation 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 MgGlashan.

    • 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
  • 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

Dealer League Table AfDB

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 Mar 2017
1 SG Corporate & Investment Banking 525.64 2 14.28%
2 HSBC 394.74 1 10.72%
2 Credit Agricole CIB 394.74 1 10.72%
2 Barclays 394.74 1 10.72%
5 Commerzbank Group 130.90 1 3.56%

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 21 Mar 2017
1 Barclays 7,850.85 11 9.64%
2 BNP Paribas 7,280.82 10 8.94%
3 JPMorgan 6,400.12 9 7.86%
4 Citi 6,397.23 7 7.85%
5 HSBC 5,782.53 9 7.10%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 07 Mar 2017
1 JPMorgan 13,983.25 38 11.62%
2 Citi 12,835.76 34 10.66%
3 TD Securities Inc 9,199.65 20 7.64%
4 HSBC 8,885.36 22 7.38%
5 Deutsche Bank 7,825.80 21 6.50%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 14 Mar 2017
1 Barclays 16,566.61 33 9.78%
2 JPMorgan 14,128.94 27 8.34%
3 Bank of America Merrill Lynch 12,288.23 26 7.26%
4 Credit Agricole CIB 11,879.83 26 7.02%
5 HSBC 11,124.72 31 6.57%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 13 Mar 2017
1 JPMorgan 33,561.40 143 8.59%
2 Citi 28,071.02 97 7.18%
3 Barclays 27,149.68 62 6.95%
4 HSBC 24,052.21 82 6.16%
5 Bank of America Merrill Lynch 21,972.67 68 5.62%