EBRD in the news

  • 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
  • Funding scorecard: supranationals

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

    • 21 Apr 2017
  • Former UBS DCM head joins Van Lanschot board

    Manfred Schepers, who worked at UBS Warburg and its predecessors for 17 years to 2003, has been nominated to join the board of Dutch bank Van Lanschot.

    • 19 Apr 2017
  • World Bank, EBRD bring dollars before expected Fed move

    A pair of supranational issuers nipped in on Tuesday with what are likely to be the final dollar deals of the week before a Federal Open Market Committee meeting on Wednesday — where futures prices suggest an overwhelming likelihood that the Federal Reserve’s target rate will rise.

    • 14 Mar 2017
  • World Bank and EBRD line up in dollars

    Two supranationals will share the three year dollar market on Tuesday, moving in ahead of the US Federal Reserve meeting on Wednesday, which is expected to lead to a rise in US interest rates.

    • 13 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
  • Development banks to ramp up EM SRI bond support

    Multilateral development banks will focus more on providing credit enhancement and support to help small, emerging market borrowers bring their green bonds to market, according to the head of climate change at the European Investment Bank. Meanwhile, a French region visited the green market on Tuesday.

    • 07 Mar 2017
  • EBRD USD1.25bn 2.125% Mar 22

    • 02 Mar 2017
  • SSAs enjoy ‘Goldilocks’ conditions in dollars, as March Fed hike looms

    US President Donald Trump’s first speech to Congress, a remarkable switch in Federal Reserve rate expectations and swap spreads falling from their early week highs all failed to derail a stellar week for public sector dollar issuance. More trades are expected to come next week, before the market quiets ahead of the Fed’s next rate decision and a Dutch general election where the far-right Party for Freedom (PVV) is expected to perform well.

    • 02 Mar 2017

Dealer League Table EBRD

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 Jul 2017
1 JPMorgan 1,155.53 25 19.15%
2 Bank of America Merrill Lynch 1,054.89 5 17.49%
3 TD Securities Inc 732.85 4 12.15%
4 HSBC 533.53 4 8.84%
5 Barclays 479.00 2 7.94%

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
  • Today
1 Citi 34,249.78 84 12.02%
2 JPMorgan 30,938.47 81 10.86%
3 HSBC 22,416.83 55 7.87%
4 Bank of America Merrill Lynch 20,817.31 63 7.30%
5 Deutsche Bank 19,672.75 44 6.90%

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
  • 24 Jul 2017
1 Citi 65,312.22 223 7.51%
2 JPMorgan 64,705.99 351 7.44%
3 HSBC 56,834.76 211 6.54%
4 Barclays 49,199.38 146 5.66%
5 Bank of America Merrill Lynch 46,028.22 140 5.29%