Kommunekredit in the news

  • BondMarker results: a high grade euro showdown

    The votes are in and three high quality issuers from last week's slew of public sector benchmarks are featured in this week's breakdown of the BondMarker results.

    • 07 Sep 2017
  • KommuneKredit EUR1bn 0% Sep 22

    • 31 Aug 2017
  • Finland and KommuneKredit hit euro homeruns

    A pair of issuers sold high quality euro deals into an eager market on Wednesday, drawing praise from onlookers for impressive books.

    • 30 Aug 2017
  • Finland and KommuneKredit line up as EFSF goes long

    The European Financial Stability Facility (EFSF) picked up €2bn with a 23 year bond on Tuesday, paving the way for other top-flight borrowers to bring their own euro deals.

    • 29 Aug 2017
  • Euro SSAs return to Swiss market amid basis swap move

    Nederlandse Waterschapsbank this week became the first European SSA to print in the Swiss franc market since 2015, followed by Municipality Finance two days later. Favourable moves in the euro/Swiss franc basis, alongside rising Swiss interest rates, opened a window for old borrowers to return.

    • 27 Jul 2017
  • MuniFin follows NWB back to Swiss market

    Municipality Finance on Thursday became the second European SSA to enter the Swiss franc market this week, after Nederlandse Waterschapsbank became the first European SSA to place Swiss bonds since 2015.

    • 27 Jul 2017
  • GC BondMarker dollar focus: Contrasting fortunes at the short end

    A pair of three year prints in dollars provoked very different reactions from GC BondMarker voters in the second quarter. Read on to find out more in this week’s BondMarker round-up, which looks at the most notable dollar deals of the last quarter.

    • 20 Jul 2017
  • Funding scorecard: Nordic agencies

    This week's funding scorecard looks at the progress Nordic agencies have made in their funding through the first half of 2017.

    • 14 Jul 2017
  • GC BondMarker: featuring deals from ADB, CDC and KommuneKredit

    The scores have been counted and the results for the benchmarks sold in the week commencing May 29 are in. The week produced only a smattering of public sector trades trades, and not all were warmly received.

    • 08 Jun 2017
  • Contrasting dollar fortunes for SSAs

    There was just a smattering of public sector dollar deals this week — but a wide difference in how they fared.

    • 01 Jun 2017
  • KommuneKredit ‘disappoints’ in three year dollars

    KommuneKredit fell short of full subscription with a three year dollar benchmark on Thursday, with few updates provided through the book building process.

    • 01 Jun 2017
  • SSAs go short in dollars amid reset swap spreads

    Public sector borrowers are aiming for the short end of the dollar curve, as swap spreads in the area hover around the spot in which they started 2017, having dropped sharply from the year’s highs hit in March.

    • 31 May 2017
  • Secondary pricing update: featuring JBIC's $5bn multitranche

    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 May 2017
  • KommuneKredit EUR500m 0.75% May 27 green bond

    • 25 May 2017
  • SRI borrowers scoring tight pricing

    With borrowers universally ahead of schedule in their funding programmes but investors hungry for more supply, attention is turning to the market for socially responsible investments. Three agencies hit screens to sell SRI bonds this week, while a fourth is on the road marketing another.

    • 25 May 2017
  • EDC loads up as FMO and KommuneKredit score with SRI bonds

    A pair of agencies launched socially responsible investment deals in euros on Tuesday, while a third picked banks for a dollar trade.

    • 23 May 2017
  • SRI pipe swells as KfW sets tone

    The SRI bond pipeline for public sector borrowers looks fit to burst, with a string of issuers planning deals and KfW setting a marker with a thumping trade this week.

    • 11 May 2017
  • KBN opens dormant Kauri market

    Kommunalbanken on Tuesday became the first issuer to tap the Kauri market since February. The Nordic agency responded to reverse enquiries, tapping an eight year bond at an after-swap pricing level that was a little over its dollar curve.

    • 11 May 2017
  • KfW back in green euros

    KfW is set to bring its first green bond in euros in nearly a year, with the deal coming amid a flurry of conventional trades in the currency. KommuneKredit is also in the SRI pipeline, after running a roadshow to introduce its green bond framework.

    • 08 May 2017
  • Funding scorecard: Nordic agencies

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

    • 05 May 2017

Dealer League Table Kommunekredit

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Danske Bank 603.40 4 10.75%
2 Bank of America Merrill Lynch 561.28 2 10.00%
3 Nomura 456.04 6 8.12%
4 Credit Agricole CIB 447.79 2 7.98%
5 SG Corporate & Investment Banking 411.10 2 7.32%

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%