World Bank in the news

  • Supras bank dollars with flurry of MTNs

    The MTN market has produced a slew of dollar trades while the syndicated market was subdued by the midweek Federal Reserve meeting. Supranationals in particular have been able to pick up some sizeable dollar funding.

    • 21 Sep 2017
  • Funding scorecard: supranationals

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

    • 18 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
  • World Bank goes large with new Kangaroo fives

    World Bank has raised A$850m ($678.7m) in the Kangaroo market by printing a new September 2022 line, the largest Australian dollar SSA bond of the year.

    • 13 Sep 2017
  • Stanley Fischer resigns from the Federal Reserve

    Stanley Fischer has resigned as second in command at the US Federal Reserve, leaving four of the seven seats on the Fed governors' board vacant.

    • 07 Sep 2017
  • EIB and KfW slam-dunk in super charged sterling market

    SSAs enjoyed soaring conditions in the sterling market this week after a summer lull, which bankers attributed to a big Gilt redemption and sterling’s weakening against other main currencies.

    • 31 Aug 2017
  • Hurricanes and capital markets: cat bonds in focus after Harvey

    In a week that has seen Hurricane Harvey wreak havoc in Texas and monsoon rains cause devastation in south Asia, insurance-linked securities and their role in rebuilding economies have come sharply into focus.

    • 31 Aug 2017
  • World Bank USD3bn 1.625% Sep 20

    • 24 Aug 2017
  • Tight spreads in dollars starting to cool investors’ appetite

    The SSA market leapt into life this week with multiple benchmarks hitting screens. While the backdrop was supportive, the narrow pick-up offered over US Treasuries appeared to be stunting demand.

    • 24 Aug 2017
  • SSA bankers eye dollar opportunities in fives

    As the SSA market returns to life, two big name borrowers produced trades at the short end of the curve that underwhelmed some onlookers, prompting some syndicate bankers to speculate that there may be more fertile pastures further out the curve.

    • 24 Aug 2017
  • SSAs keep it short in dollars but 10 year punt rumoured

    Public sector borrowers are mainly keeping to the short end of the dollar curve this week, but at least one top tier issuer is understood to be considering a 10 year dollar benchmark in the next few weeks.

    • 22 Aug 2017
  • World Bank prepares jumbo dollar test

    World Bank will find out whether what has been a resilient market for public sector dollar issuance over the summer can support a jumbo trade, after mandating for what will be the first such deal in dollars from an SSA since the spring. Swedish Export Credit Corporation is also out in the currency, going ahead despite some geopolitical and US governmental turmoil over the last few days — and more issuers are lining up to follow.

    • 21 Aug 2017
  • SSAs broaden horizons with niche MTNs

    Public sector borrowers are adding new flavours to the flurry of emerging market paper that has dominated flows in the medium-term note market throughout the summer, printing trades in currencies they only rarely access.

    • 17 Aug 2017
  • World Bank and Mexico team up on catastrophe bonds

    The World Bank has issued $360m of catastrophe bonds that provide insurance protection for Mexico in the event of three natural disasters.

    • 04 Aug 2017
  • Supras print EM currency flurry

    The summer MTN market has been dominated by niche currency issuance from supranationals.

    • 03 Aug 2017
  • ADB taps ultra-long end of Kanga curve

    Asian Development Bank added a A$60m ($47.7m) clip to its 15 year Australian dollar bond on Wednesday, as demand grows for Kangaroo paper beyond 10 years.

    • 20 Jul 2017
  • Funding scorecard: supranationals

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

    • 07 Jul 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
  • Uridashi deals boom in the MTN market

    SSA issuers are taking advantage of strong demand from Japanese retail investors in high yielding currencies to print a flurry of deals.

    • 25 May 2017
  • Funding scorecard: supranationals

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

    • 21 Apr 2017

Sources: World Bank, Dealogic

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World Bank

Dealer League Table World Bank

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 4,624.62 127 16.21%
2 TD Securities Inc 4,127.21 35 14.46%
3 Deutsche Bank 2,154.93 16 7.55%
4 Citi 2,111.95 37 7.40%
5 Barclays 1,690.24 14 5.92%


Key
officials

Arunma Oteh: treasurer
George Richardson: director, capital markets
Michael Bennett: head of derivatives and structured finance
Heike Reichelt: head of investor relations and new products
Ownership
structure
The World Bank (International Bank for Reconstruction and Development, or IBRD) is an international organization created in 1944 and owned by its member countries.
The five largest of its 187 shareholders are:
US (with 17.58% of the total voting power);
Japan (7.58%);
China (4.88%);
Germany (4.42%);
France (4.14%);
UK (4.14%).
Capital
(end June 30,
2016)
Paid-in capital $15.8bn 
Callable capital $247.5bn
Subscribed capital $263.3bn

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Citi 16,088.76 20 8.73%
2 HSBC 15,210.51 21 8.26%
3 BNP Paribas 13,600.58 19 7.38%
4 Barclays 13,491.76 19 7.32%
5 Goldman Sachs 12,661.40 23 6.87%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 40,395.00 104 11.69%
2 JPMorgan 39,421.51 106 11.41%
3 Bank of America Merrill Lynch 28,165.08 86 8.15%
4 HSBC 26,016.15 67 7.53%
5 Deutsche Bank 23,091.31 54 6.68%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 31,938.44 91 7.68%
2 UniCredit 30,615.95 95 7.36%
3 Goldman Sachs 28,739.59 76 6.91%
4 BNP Paribas 28,348.17 57 6.82%
5 Barclays 26,617.69 64 6.40%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 76,927.45 261 7.33%
2 JPMorgan 75,508.10 437 7.19%
3 HSBC 68,678.90 244 6.54%
4 Bank of America Merrill Lynch 58,336.30 179 5.56%
5 Barclays 53,257.86 172 5.07%