France in the news

  • Funding scorecard: French agencies

    This week's funding scorecard looks at the progress French agencies have made in their funding progress so far this year.

    • 02:45 PM
  • French credits return but eurozone risk lingers

    Two French borrowers and one from the Netherlands pulled off successful deals this week, proving that the market is still open for borrowers at the right price, but both investors and issuers remain nervy.

    • 23 Mar 2017
  • SNCF Réseau EUR1bn 1.875% Mar 34 green bond

    • 23 Mar 2017
  • Unédic EUR2bn 1.25% Mar 27

    • 23 Mar 2017
  • SNCF Réseau hits top of green range as IFC mulls visit

    SNCF Réseau on Wednesday printed at the upper end of its size expectations with its second ever green bond, while the International Finance Corporation looked at the possibility of printing in the green format over the next three months.

    • 22 Mar 2017
  • SRI spectacular: CEB to debut, SNCF mandates and IFC goes large

    The socially responsible bond pipeline ballooned on Tuesday, with a European supranational announcing a roadshow for a debut issue, a French agency mandating for a deal and a Washington supranational pricing a social bond in benchmark size for the first time.

    • 21 Mar 2017
  • Unédic hits 10 years after French debate soothes investors

    Unédic launched a 10 year benchmark on Tuesday. The deal came in the wake of a televised debate between the French presidential candidates that appeared to restore investors’ confidence in French names, according to an SSA syndicate banker at one of the leads.

    • 21 Mar 2017
  • BNG gets longest ever euros as Unédic lines up

    Buoyed by relief following a Dutch election in which Eurosceptic Geert Wilders’ hopes of forming a government were dashed, public sector borrowers are flocking back to capital markets.

    • 20 Mar 2017
  • Socially responsible week ahead

    A pair of public sector borrowers are set to bring socially responsible bonds this week, with one aiming at the dollar short end and the other at the long end of the euro curve.

    • 20 Mar 2017
  • SNCF Réseau to revisit green market

    SNCF Réseau is set to bring its second green bond after mandating banks for a Reg S euro benchmark deal on Friday.

    • 17 Mar 2017
  • Ile-de-France EUR500m 1.375% Mar 29 green

    • 09 Mar 2017
  • ESM hits 10 year sweet spot, Bpifrance to follow

    The European Stability Mechanism returned to stellar form this week, hitting the sweet spot for euro demand and exceeding its first quarter funding target. Bpifrance Financement will look to follow up the supranational’s success on Wednesday.

    • 07 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
  • ESM out in euro 10s, Île-de-France green deal still at amber

    The European Stability Mechanism has nipped in ahead of a European Central Bank Governing Council meeting later this week to mandate banks for a 10 year euro benchmark. Other euro supply this week could come from Région Île-de-France, which held a global investor call on Monday for a green and sustainability bond.

    • 06 Mar 2017
  • Crédit Ag frees capital for $2bn of green loans

    The world of green finance has intersected with that of synthetic securitization for what may be the first time, in a $3bn risk transfer deal that could show a way to free up banks’ balance sheets to expand green lending.

    • 06 Mar 2017

Dealer League Table France

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 Mar 2017
1 SG Corporate & Investment Banking 1,254.15 1 16.67%
1 Natixis 1,254.15 1 16.67%
1 Morgan Stanley 1,254.15 1 16.67%
1 Credit Agricole CIB 1,254.15 1 16.67%
1 Barclays 1,254.15 1 16.67%

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%