EBRD in the news

  • Frustrated Russia blasts EBRD for funding ban

    In an exclusive interview with GlobalMarkets, Russia’s executive director on the EBRD has hit out at the bank’s decision to shut five offices, saying it went against shareholders’ desire to see more private sector development

    • 15 Oct 2017
  • Multilaterals urged to speed up to stay relevant in crowded world

    In a series of interviews with GlobalMarkets, multilateral development chiefs set out their vision to become faster institutions that work with the private sector to deliver development finance more effectively

    • 14 Oct 2017
  • Piraeus Bank to issue €500m covered bond

    Piraeus Bank will privately place a €500m five year covered bond to three supranational agencies in order to support €700m of new lending to small and medium sized companies across Greece.

    • 29 Sep 2017
  • MuniFin, KfW punch through curves with green bonds

    Public sector borrowers this week smashed through their conventional curves with green bond issues. But there was some debate over whether this marks the start of a trend or is merely the product of scorching conditions in both the euro and dollar markets.

    • 28 Sep 2017
  • EBRD completes hat-trick of SSA green bonds

    The European Bank for Reconstruction and Development on Thursday rounded out a busy week for green bond issuance with yet another deal that was covered before books officially opened.

    • 28 Sep 2017
  • KfW goes super-tight in dollars as green investors pile in

    KfW has punched through its conventional curve with a dollar green bond that left bankers away from the trade a similar colour of envy. More SRI supply is on the way, after the European Bank for Reconstruction and Development hit screens for Thursday’s business.

    • 27 Sep 2017
  • Funding scorecard: supranationals

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

    • 18 Sep 2017
  • GlobalCapital Covered Bond Awards 2017: the winners

    The Cover and GlobalCapital held the annual Covered Bond Awards Dinner on Thursday night at Casa Llotja de Mar in Barcelona, celebrating the best performers in the market.

    • 15 Sep 2017
  • Garanti preps for euro covereds after green success

    After selling a green mortgage-backed covered bond to the International Financial Corporation and the European Bank for Reconstruction and Development (EBRD), Garanti Bank expects to sell its first publicly syndicated euro benchmark.

    • 20 Jul 2017
  • Garanti set to issue more green covered bonds

    After selling $150m of green residential mortgage-backed covered bonds to the International Financial Corporation, Garanti Bank expects to sell another deal to the European Bank for Reconstruction and Development.

    • 20 Jul 2017
  • JBIC feeds hungry dollar investors four tranche feast

    The Japan Bank for International Co-operation (JBIC) found traction with a stellar four tranche offering on Thursday, gratifying investors feeling the pinch from a year that has been somewhat light on dollar supply.

    • 13 Jul 2017
  • EBRD launches floater as JBIC readies multi-tranche in wings

    The European Bank for Reconstruction and Development (EBRD) printed a $500m floating rate note on Wednesday, coming just ahead of the Japan Bank for International Cooperation (JBIC), which is preparing several tranches of dollar paper for Wednesday.

    • 12 Jul 2017
  • SSAs keep it short in dollars

    Public sector borrowers are staying conservative in the dollar market this week, opting for short dated trades or floating rate notes. The trend is likely down to issuers having one eye on expected Federal Reserve rate increases in the US, said bankers.

    • 11 Jul 2017
  • Funding scorecard: supranationals

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

    • 07 Jul 2017
  • Overcoming hurdles to Turkish covered bond supply

    Turkish legislation has been in place for years and six borrowers have set up covered bond programmes, but so far supply has proved fleeting. Nevertheless, delegates at the CEE Covered Bond Forum in London heard this week that the challenges that held the market back are likely to disappear soon.

    • 26 May 2017
  • GC BondMarker: featuring EFSF's dual tranche

    The votes have been counted and the GC BondMarker verdict has been reached for last week's trades. See how they stacked up.

    • 04 May 2017
  • EBRD USD1.5bn 1.625% May 20

    • 27 Apr 2017
  • Dollars red-hot as ADB hits $4bn, but long end out of reach

    The dollar market has enjoyed yet another strong week, with one issuer breaking its size record and another pair matching their own. SSA bankers are readying themselves for a busy May in the currency. But despite issuers keen to push out the curve, it looks like 10 year benchmarks are off the table.

    • 27 Apr 2017
  • EBRD goes large and tight in dollars, as ADB aims for threes

    The European Bank for Reconstruction and Development on Tuesday equalled its largest ever size in dollars on Tuesday with a deal priced flat to or through its curve. The Asian Development Bank is set to follow in a market in which issuers are winning demand from investors starved of supply, said bankers.

    • 25 Apr 2017
  • EBRD to reopen dollars as French election risk dwindles

    The European Bank for Reconstruction and Development (EBRD) is set to bring a dollar benchmark to investors starved of supply in the currency. Despite dollar conditions being strong all month, no borrowers brought deals last week — perhaps because they preferred to wait for the first round of the French presidential election to pass on Sunday, said bankers.

    • 24 Apr 2017

Dealer League Table EBRD

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 1,492.17 41 19.91%
2 Bank of America Merrill Lynch 1,054.89 5 14.07%
3 Citi 796.72 14 10.63%
4 TD Securities Inc 732.85 4 9.78%
5 Barclays 645.34 3 8.61%

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
  • 16 Oct 2017
1 JPMorgan 45,626.01 111 11.54%
2 Citi 45,298.31 115 11.46%
3 HSBC 31,954.47 73 8.08%
4 Bank of America Merrill Lynch 31,646.56 91 8.01%
5 Deutsche Bank 25,336.01 60 6.41%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 32,254.14 93 7.35%
2 UniCredit 31,545.41 101 7.19%
3 BNP Paribas 30,965.57 63 7.06%
4 Goldman Sachs 30,813.44 79 7.02%
5 Barclays 28,821.98 69 6.57%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 85,260.76 291 7.41%
2 JPMorgan 83,401.52 474 7.25%
3 HSBC 75,131.79 254 6.53%
4 Bank of America Merrill Lynch 62,436.52 190 5.43%
5 Goldman Sachs 58,162.93 154 5.06%