NWB in the news

  • European SSA returns to Swiss market amid basis swap move

    Nederlandse Waterschapsbank has become the first European SSA to print in the Swiss market since 2015, citing a favourable move in the euro/Swiss franc basis swap as a reason for the return.

    • 26 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
  • Five borrowers hop long with Kangaroo taps

    Four European agencies, and a New Zealand sub-sovereign found funds in the Kangaroo market this week. Nederlandse Waterschapsbank (NWB) on Tuesday priced a 10 year tap of a Kangaroo bond some 10bp tighter than where the original issue priced in January. Bankers said the pricing was an indication of the sheer levels of demand for long dated Kangaroo paper.

    • 27 Jun 2017
  • Funding scorecard: European supranationals and agencies

    This week's funding scorecard looks at the funding progress various European supranationals and agencies have made in their funding programmes.

    • 23 Jun 2017
  • NWB Bank EUR1.5bn 0.25% Jun 24, EUR500m 1.25% Jun 32 affordable housing bond

    • 01 Jun 2017
  • NWB opens way for affordable housing bonds

    The blossoming market for socially responsible investments focussing on social problems, rather than environmental concerns, sprouted a new shoot this week. Nederlandse Waterschapsbank’s affordable housing bond could be the first of many of its type and may open the door for housing associations to sell social bonds.

    • 01 Jun 2017
  • NWB’s affordable housing dual debut a hit; others 'to follow'

    Nederlandse Waterschapsbank’s first ever affordable housing bond raised €2bn across two tranches on Wednesday. One banker on the deal said he was “certain other borrowers will issue more like this”.

    • 31 May 2017
  • NWB picks duplex structure for affordable housing bond debut

    Nederlandse Waterschapsbank will come to market on Wednesday for its first ever affordable housing bond.

    • 30 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
  • Flemish Community pulls in spread on second ever syndication

    The Flemish Community’s second ever outing in the public debt market raised €1.25bn over two tranches, pulling in large books and setting the final spread 4bp inside guidance on one of the legs.

    • 24 May 2017
  • Belgium goes long in euros, NWB to follow

    The Kingdom of Belgium hit the long end in euros on Tuesday, taking advantage of a healthy market to raise €3bn with a 20 year bond. Meanwhile, Nederlandse Waterschapsbank (NWB) announced a tap of a 2041 line.

    • 23 May 2017
  • Nordic Investment Bank taps Kangaroo belly

    The Nordic Investment Bank is raising funds in the middle of the Kangaroo curve, as a scarcity of mid-curve issuance allowed the leads to circulate tight pricing guidance.

    • 16 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
  • NWB to hit road for affordable housing bond

    Nederlandse Waterschapsbank will add a new item to SRI investors’ menu, after mandating banks on Wednesday to run a roadshow for a debut affordable housing bond.

    • 10 May 2017
  • NWB taps long euros

    Nederlandse Waterschapsbank tapped a 24 year line for €250m on Tuesday.

    • 02 May 2017
  • Funding scorecard: European supranationals and agencies

    This week's funding scorecard looks at the progress European supranationals and agencies have made at the start of the second quarter.

    • 13 Apr 2017
  • Inflation knocks shine off sterling SSA market

    A higher than expected UK inflation rate led to a sell-off in Gilts this week, a move that may put an end to what has been a remarkable run of traffic in sterling SSA bond issuance.

    • 23 Mar 2017
  • NWB joins sterling craze

    Nederlandse Waterschapsbank has become the latest in a string of public sector borrowers to turn to the sterling market.

    • 20 Mar 2017
  • Funding scorecard: European supranationals and agencies

    This week's funding scorecard looks at the progress European supranationals and agencies have made during the first two months of the year.

    • 03 Mar 2017

Dealer League Table NWB

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BMO Capital Markets 996.84 2 12.73%
2 SEB 963.11 3 12.30%
3 HSBC 945.49 4 12.08%
4 TD Securities Inc 935.53 5 11.95%
5 Rabobank 556.84 1 7.11%

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 25 Jul 2017
1 Citi 14,891.10 17 9.36%
2 HSBC 13,214.67 18 8.30%
3 Barclays 12,759.91 17 8.02%
4 BNP Paribas 12,133.14 16 7.63%
5 JPMorgan 10,064.78 13 6.33%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Jul 2017
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
  • 25 Jul 2017
1 BNP Paribas 44,660.25 134 7.09%
2 HSBC 43,386.57 158 6.89%
3 Barclays 42,008.53 135 6.67%
4 JPMorgan 39,789.56 124 6.31%
5 Citi 36,838.62 118 5.85%

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%