EBRD in the news

  • EBRD boosts Slovak covered bonds

    The European Bank for Reconstruction and Development has invested in its first Slovak covered bond and is working with local regulators to update the local covered bond law.

    • 19 Jan 2017
  • Citi, EIB, EBRD back Greek SME ABS

    Alpha Bank has placed a Greek SME CLO with Citi, the European Investment Bank, and the European Bank for Reconstruction and Development.

    • 22 Dec 2016
  • EM currencies showing life with supra deals

    Two supranational borrowers have accessed capital markets for niche currency private placements in the past week, as investors spy possible re-entry points in currencies that have suffered throughout 2016.

    • 21 Dec 2016
  • EBRD becomes first supra to issue in Serbian dinar

    Serbia has become the latest recipient of the European Bank for Reconstruction and Development’s local currency and capital markets initiative, with the borrower printing the first ever publicly listed Serbian dinar bond from a supranational.

    • 07 Dec 2016
  • Funding scorecard: supranationals

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

    • 18 Nov 2016
  • ‘Congestion’ caution in dollars amid CP shift

    The dollar market for public sector borrowers could become “congested” in the traditional January rush next year, with issuers looking to refinance commercial paper in the term markets as a result of changes in US money market fund regulation and a dearth of options in other currencies. Craig McGlashan reports.

    • 27 Oct 2016
  • EBRD USD1bn 1.5% Nov 21

    • 27 Oct 2016
  • SSAs find tight prices, increased volumes in dollar mart

    A trio of issuers on Wednesday were able to tighten pricing or print above their minimum targets — or both — in another strong day for the dollar market.

    • 26 Oct 2016
  • EBRD bucks trend with five year dollar mandate, CDC and EAA go for threes

    The European Bank for Reconstruction and Development is set to test the five year part of the dollar curve — a tenor not attempted by many issuers over the last few weeks — as a French issuer opted for the tried and tested three year maturity and a German agency was able to increase a deal at that tenor from its target size.

    • 25 Oct 2016
  • Funding scorecard: supranationals

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

    • 14 Oct 2016
  • Supras prepare next moves in local currencies

    A group of supranationals have revealed their local currency plans to GlobalCapital, with some planning to enter markets for the first time and others revisiting old haunts.

    • 13 Oct 2016
  • Loans, news in brief — October 13, 2016

    Nestle — Ted Baker — PTA — Afreximbank — PTA — Qartli Windfarm — Bahrain Credit

    • 13 Oct 2016
  • SRI funds and EBRD make Georgia’s first wind farm fly

    Three European socially responsible investment (SRI) funds have participated in a $22m loan, backed by the EBRD, to build Georgia’s first wind farm.

    • 12 Oct 2016
  • Green bond standards 'not a burden' to EM entrants

    The green bond market is growing at a strong pace, with governments — including Nigeria — now considering joining the market. Standards are being set just as fast — and industry pioneers have defended these developments against claims that they could be too high a burden for emerging market or corporate issuers to join the market

    • 08 Oct 2016
  • EBRD prepares dinar as IADB readies Mexican treasury

    The European Bank for Reconstruction and Development and the Inter-American Development Bank are on the cusp of completing new developments that should aid the growth of capital markets in developing countries

    • 07 Oct 2016
  • ISDA makes first supranational appointment to board

    The International Swaps and Derivatives Association has appointed a senior official of the European Bank for Reconstruction and Development to its board of directors, in its first ever appointment of a supranational institution.

    • 14 Sep 2016
  • EBRD dials up presence in new Greek territory with €339m OTE piece

    The European Bank for Reconstruction and Development (EBRD) has begun flexing its muscles in Greece’s private sector after the country was approved as an EBRD recipient country last year by arranging a partly syndicated loan for Hellenic Telecommunications Organisation (OTE).

    • 13 Sep 2016
  • Alpha Bank takes lead slot for Greek airport loan, EBRD considers joining

    A group of lenders are working on a long term loan for the privatisation of 14 Greek airports. Greece’s Alpha Bank is the advisor for the financing, which includes a €820m clip, according to a banker close to the deal.

    • 08 Sep 2016
  • Croatia’s Podravka takes €123m with EBRD support

    Croatian food and pharmaceutical producer Podravka has agreed a €123m loan with the support of the European Bank for Reconstruction and Development.

    • 08 Sep 2016
  • SSA secondary pricing: featuring EBRD's $1.25bn four year

    Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark as of Thursday's close. The source for secondary trading levels is Interactive Data.

    • 26 Aug 2016

Dealer League Table EBRD

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 18 Jan 2017
1 Morgan Stanley 140.00 1 65.48%
2 JPMorgan 68.85 3 32.20%
3 Citi 4.96 1 2.32%
Subtotal 213.81 5 100.00%
Total 213.81 5 100.00%

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%