Kommunekredit in the news

  • Funding scorecard: Nordic agencies

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

    • 20 Mar 2017
  • KommuneKredit EUR1bn 0.25% Feb 24

    • 12 Jan 2017
  • SRI calendar shapes up as agency plans debut issue

    The socially responsible investment market for public sector bond issuers is shaping up for another busy year, with one agency planning a debut print in the next few months.

    • 12 Jan 2017
  • Euro market flips as duration investors migrate shorter

    A seismic shift has affected appetite in euro borrowing. Investors driven out to outlandish maturities by low rates have come flooding back to the belly of the curve.

    • 12 Jan 2017
  • KommuneKredit to go green in second quarter

    KommuneKredit is planning to sell its first green bond, aiming to bring the deal to market in the second quarter of 2017.

    • 11 Jan 2017
  • Unédic and KommuneKredit kick off strong week in euros

    KommuneKredit and Unédic have both pulled off strong trades, getting in ahead of what is expected to be a busy week in euros by coming to market on Monday.

    • 09 Jan 2017
  • KommuneKredit to go first again

    KommuneKredit will be first out the blocks in a major currency for the second week running this coming Monday, after mandating banks for a new benchmark on Friday.

    • 06 Jan 2017
  • ADB stutters in dollar 10s, short end sparkles

    Hopes that spiralling US Treasury yields could lead to a healthy year for 10 year dollar benchmarks from SSA borrowers took a beating this week when the Asian Development Bank bellyflopped with its own attempted entry. Craig McGlashan reports.

    • 05 Jan 2017
  • KommuneKredit USD1bn 1.75% Jan 20

    • 05 Jan 2017
  • ADB falls short in 10s amid murmurs over pricing

    A dual tranche global deal from the Asian Development Bank on Wednesday at least temporarily dashed hopes that this year could be strong for 10 year dollar benchmark issuance — although some bankers away from the trade felt that the problems were idiosyncratic rather than reflective of demand.

    • 04 Jan 2017
  • SSAs strike cautious note despite strong pipeline

    SSA borrowers have wasted no time in approaching the primary market this year and the early pipeline appears strong. But as buoyant as conditions appear, there was evidence to suggest investors will not be buying everything thrown their way at any old price.

    • 04 Jan 2017
  • KommuneKredit and ADB to start dollar SSA market

    KommuneKredit and the Asian Development Bank (ADB) will reopen the dollar market for SSA borrowers on Wednesday. Meanwhile, the EIB is lining up to perform the same service in sterling bonds.

    • 03 Jan 2017
  • Austria and KommuneKredit sate investor hunger for duration

    Austria was richly rewarded for taking a leap into the unknown on Tuesday, as it took orders of over €7bn for the longest dated syndication ever from a core eurozone sovereign. KommuneKredit also broke its tenor record in euros, while the European Financial Stability Facility hired banks for a tap of a bond that looks short end by comparison.

    • 25 Oct 2016
  • Only 10 year Kangaroos are on tap

    International Finance Corp and KommuneKredit tapped 10 year Kangaroo bonds this week, the only active tenor in the market.

    • 29 Sep 2016
  • KommuneKredit taps its Kanga 10s

    KommuneKredit tapped its November 2026 Kangaroo bond last Friday. The 10 year part of the market suits the Danish agency, as it needs to sell longer dated paper to match its assets.

    • 23 Sep 2016
  • SSA secondary pricing: featuring EBRD's $1.25bn four 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.

    • 26 Aug 2016
  • Japanese buyers pile into Kangas

    The long end of the Kanga curve saw action this week, as Japanese investors hunted for yieldy paper.

    • 25 Aug 2016
  • Asian investors tap KommuneKredit Kanga

    KommuneKredit printed an A$60m ($45.7) tap of its November 2026 Kangaroo bond on Wednesday, with bankers confident more reverse enquiry-driven taps are en route.

    • 24 Aug 2016
  • Wider swap spreads open dollar door

    A seemingly unstoppable flow of dollar issuance from public sector borrowers looks set to spill into next week, after a slightly undersubscribed deal early this week failed to dent sentiment for other trades.

    • 18 Aug 2016
  • KommuneKredit USD1bn 1.125% Aug 19

    • 18 Aug 2016

Dealer League Table Kommunekredit

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Nordea 262.10 1 11.33%
1 Credit Agricole CIB 262.10 1 11.33%
1 Barclays 262.10 1 11.33%
1 Bank of America Merrill Lynch 262.10 1 11.33%
5 TD Securities Inc 249.12 1 10.77%

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%