IADB in the news

  • Funding scorecard: supranationals

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

    • 18 Sep 2017
  • BondMarker results: the September rush

    Last week brought a slew of high quality deals, despite the ECB meeting on September 7 causing some issuers to hold off. Those that went ahead have been scored by the BondMarker voters. Read on to see how they did.

    • 14 Sep 2017
  • World Bank goes large with Kanga fives

    World Bank raised A$850m ($678.7m) in the Kangaroo market this week by printing a new September 2022 line, the largest Australian dollar SSA bond in the last three years.

    • 14 Sep 2017
  • Supras enjoy super dollar fives, but window may be shut

    A lack of five year dollar supply and an acceptance that since the summer issuers need to offer a bit more juice helped a pair of supranationals launch strong trades this week. Other supras are rumoured to be considering follow-on deals next week, although some bankers warn that investor appetite may be sated for the moment, and everything could hinge on how a sharp US Treasury move late on Thursday plays out.

    • 07 Sep 2017
  • IADB USD3bn 1.75% Sep 22

    • 07 Sep 2017
  • IADB grabs dollar fives chance as AFD makes triumphant return

    Inter-American Development Bank won a big reception on Thursday as it completed its benchmark funding for the year with a five year dollar global that rode on the coattails of a similar trade by Asian Development Bank a day earlier. Agence Française de Développement also made a triumphant return to dollars after a pulled trade in February, as it matched its largest ever deal in the currency for size.

    • 07 Sep 2017
  • IADB dives into fives after ADB stormer, as AFD returns after pulled deal

    Inter-American Development Bank will on Thursday attempt a five year dollar benchmark, copying a Wednesday deal from Asian Development Bank that bankers on the trade said was the best dollar deal since the summer. Agence Française de Développement is also out with a dollar benchmark — its first since a pulled trade in February.

    • 06 Sep 2017
  • Secondary pricing update: featuring IADB's dollar 10 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.

    • 07 Jul 2017
  • GC BondMarker: IADB and Spain excel but KfW lags

    Benchmarks from the Inter-American Development Bank, KfW and Spain have now been scored in GC BondMarker. While two of the deals met with a warm reception from voters, one deal was not so popular.

    • 06 Jul 2017
  • SSAs fund in Kangas before market quiets down

    The Inter-American Development Bank (IADB) raised A$100m ($76.1m) on Tuesday by tapping its June 2026 Australian dollar bonds. It was joined later in the week by Nederlandse Waterschapsbank (NWB), the International Finance Corporation (IFC) and the European Investment Bank, which launched a tap that is expected to be priced on Friday.

    • 06 Jul 2017
  • IADB, NWB tap Kangaroo long end

    The Inter-American Development Bank raised A$100m ($76.1m) on Tuesday by tapping its June 2026 Australian dollar bonds, despite the remaining maturity falling short of where most long end Kangaroo demand resides. Meanwhile, Nederlandse Waterschapsbank responded to reverse enquiry, tapping its 3.5% July 2027 bonds for A$15m.

    • 04 Jul 2017
  • IADB set to tap Kangaroo 2026s

    The Inter-American Development Bank is looking to tap its 4.25% June 2026 Australian dollar bonds, despite the remaining maturity falling short of where most long end Kangaroo demand resides.

    • 03 Jul 2017
  • IADB USD2.3bn 2.375% Jul 27

    • 29 Jun 2017
  • IADB blasts open 10 year dollar mart with record breaker

    The 10 year dollar market is back open for supranational issuers, after the Inter-American Development Bank (IADB) sold a barnstormer on Wednesday that broke its 10 year size record.

    • 29 Jun 2017
  • IADB kicks open 10 year dollar door

    The Inter-American Development Bank sent SSA bankers into rapturous applause on Wednesday as it reopened the 10 year part of the dollar curve for richer names with what Dealogic data shows is its largest ever global benchmark in the tenor.

    • 28 Jun 2017
  • IADB aims for rare 10 year dollar benchmark

    The Inter-American Development Bank is set to tackle the 10 year part of the dollar curve, a maturity that most of its peers have avoided so far this year.

    • 27 Jun 2017
  • IADB launches 15 year Kangaroo note

    Inter-American Development Bank launched a debut 15 year Kangaroo bond on Monday, the third supranational to look for ultra-long Australian dollar funding in the last year.

    • 19 Jun 2017
  • Mnuchin capital curb sets up dollar duration for SSAs

    A call by US Treasury secretary Steven Mnuchin this week to lessen the capital burden on banks had a bigger effect on US rates than a well telegraphed Federal Reserve target rate rise, creating some breathing space in long end swap spreads. That could ease long dated public sector bond issuance, but with euro market offering enviable duration funding, there may not be a queue of borrowers ready to print, writes Craig McGlashan.

    • 15 Jun 2017
  • KBN ‘banishes KommuneKredit trade’ with bumper book

    Kommunalbanken built a doubly subscribed book on Tuesday for a long three year dollar deal that bankers said should give confidence to the market after a similar trade from KommuneKredit two weeks ago fell short of full subscription.

    • 13 Jun 2017
  • KBN and IADB line up dollar deals ahead of likely Fed hike

    A pair of SSAs are set to nip in with dollar deals ahead of a US Federal Open Market Committee meeting on Wednesday at which investors overwhelmingly expect a target rate rise — although the strength of that expectation has dipped slightly.

    • 12 Jun 2017

Dealer League Table IADB

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Nomura 2,124.14 9 13.21%
2 Citi 2,046.71 6 12.73%
3 JPMorgan 1,908.48 17 11.87%
4 Deutsche Bank 1,417.66 6 8.82%
5 Bank of America Merrill Lynch 1,163.65 5 7.24%

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Citi 16,088.76 20 8.76%
2 HSBC 15,210.51 21 8.29%
3 BNP Paribas 13,465.23 18 7.34%
4 Barclays 13,356.41 18 7.28%
5 Goldman Sachs 12,526.05 22 6.82%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 39,420.00 102 11.55%
2 JPMorgan 39,096.51 104 11.46%
3 Bank of America Merrill Lynch 27,865.54 84 8.17%
4 HSBC 25,391.15 66 7.44%
5 Deutsche Bank 22,341.31 52 6.55%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 31,814.43 89 7.68%
2 UniCredit 30,574.73 94 7.38%
3 Goldman Sachs 28,577.41 75 6.90%
4 BNP Paribas 28,185.99 56 6.80%
5 SG Corporate & Investment Banking 26,540.51 60 6.40%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 76,487.85 259 7.33%
2 JPMorgan 75,308.10 436 7.21%
3 HSBC 68,637.67 243 6.57%
4 Bank of America Merrill Lynch 58,095.07 177 5.56%
5 Barclays 53,192.11 171 5.10%