World Bank in the news

  • World Bank USD5bn 2% Jan 22

    • 19 Jan 2017
  • The Day of the Dollar: mission accomplished

    One of the busiest days ever in the public sector dollar market ended with five issuers sitting on deals printed at the top end of their size targets and with pricing tightened from initial thoughts. Another borrower is already out for Thursday business and bankers predict that conditions are so “incredible” that deal flow will stay healthy into next week — no matter what policy statements incoming US president Donald Trump makes at his inauguration on Friday.

    • 18 Jan 2017
  • Logjam a risk in crowded SSA market

    Public sector borrowers may have to compete for demand this week with Wednesday looking likely to be one of the busiest days of the year.

    • 18 Jan 2017
  • SSAs flood screens in dollars

    A quartet of public sector borrowers are set to cram into the front end of the dollar curve on Wednesday, as bankers outlined a triple whammy of factors driving the squeeze.

    • 17 Jan 2017
  • UK DMO picks tenor as sterling supply falls just shy of record

    The UK Debt Management Office has picked the maturity and timing for a scheduled bond sale later this month. Elsewhere in sterling, a pair of issuers added deals to a bumper opening week that fell just short of a record.

    • 06 Jan 2017
  • EIB sets sterling on rush to record

    A remarkable sterling deal from the European Investment Bank sparked off a week that could become a record opener for supranational and agency issuance in the currency.

    • 05 Jan 2017
  • Super hot SSA sterling close to record opener

    Searing conditions in the sterling market could lead to a record opening week of SSA issuance in the currency as a pair of issuers lined up deals for Friday — despite this only being a four day week.

    • 05 Jan 2017
  • Sovereigns, supranationals and agencies deals of the year

    As a year where political upsets became the norm drew to a close, GlobalCapital picks the standout trades from a turbulent 2016.

    • 03 Jan 2017
  • World Bank group member to enter capital markets

    The International Development Association will begin to issue international bonds as part of a large scale-up of its activities.

    • 22 Dec 2016
  • World Bank taps landmark 15 year Kangaroo

    World Bank added an A$75m ($56.2m) tap to its November 2031 Australian dollar bond on Tuesday. The original bond was the first time an SSA had printed a Kangaroo benchmark that far out along the curve.

    • 15 Dec 2016
  • World Bank taps landmark 15 year Kanga

    World Bank added a A$75m ($56.2m) tap to its November 2031 Australian dollar bond on Tuesday. The original bond was the first time an SSA had printed a Kangaroo benchmark that far out the curve.

    • 13 Dec 2016
  • AfDB makes history with green Kangaroo print

    The African Development Bank printed the longest green bond in the history of the Kangaroo market this Tuesday.

    • 06 Dec 2016
  • Callable zero flood as US yields jump

    Appetite for 30 year callable zeroes in dollars has been bolstered by Donald Trump’s victory in the US elections and the resultant rise in bond yields around the world.

    • 24 Nov 2016
  • Post-Trump yield bump boosts callable zero bid

    Appetite for 30 year callable zeroes in dollars has been bolstered by Donald Trump’s victory in the US elections and the resultant hike in bond yields around the world.

    • 21 Nov 2016
  • Funding scorecard: supranationals

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

    • 18 Nov 2016
  • World Bank sells landmark 15 year Kanga

    World Bank played first responder to Asian investor calls for longer-dated Aussie dollar bonds on Monday, printing a landmark A$135m ($103.9m) November 2031 note. It is the first 15 year benchmark in the currency by a non-domestic SSA name. More could follow.

    • 08 Nov 2016
  • November fears spook SSA markets

    The public sector bond primary market’s run of strength has come to an end as dealers and borrowers turned their attention to the panoply of risks facing them in the weeks to come.

    • 31 Oct 2016
  • ‘Congestion’ caution in dollars amid CP shift

    The dollar market for public sector borrowers could become “congested” in the traditional January rush next year, with issuers looking to refinance commercial paper in the term markets as a result of changes in US money market fund regulation and a dearth of options in other currencies. Craig McGlashan reports.

    • 27 Oct 2016
  • World Bank USD3bn 1.125% Nov 19, $1.25bn 1.875% Oct 26

    • 27 Oct 2016
  • World Bank EUR1bn 0.625% Jan 2033

    • 20 Oct 2016

Sources: World Bank, Dealogic

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World Bank data

Dealer League Table World Bank

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 04 Jan 2017
1 JPMorgan 10,653.20 206 14.30%
2 Bank of America Merrill Lynch 7,146.96 22 9.59%
3 TD Securities Inc 6,615.56 47 8.88%
4 BNP Paribas 6,464.19 20 8.68%
5 Citi 6,083.92 39 8.17%


Key officials Jim Yong Kim: president
Bertrand Badre: managing director & CFO
Madelyn Antoncic: vice president and treasurer
Doris Herrera-Pol: director & global head of capital markets
Michael Bennett: head of derivatives and structured finance
Heike Reichelt: head of investor relations and new products
George Richardson: head of capital markets
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:
The United States (with 16.05% of the total voting power);
China (5.76%); 
Japan (8.94%);
Germany (4.73%);
France (4.2%);
The United Kingdom (4.2%).
Capital
Paid-in capital $13.4bn 
Callable capital $209.8bn
Subscribed capital $223.2bn


European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 Morgan Stanley 1,158.55 2 14.54%
1 JPMorgan 1,158.55 2 14.54%
1 HSBC 1,158.55 2 14.54%
4 Bank of America Merrill Lynch 1,018.09 1 12.78%
5 Danske Bank 662.83 1 8.32%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 Goldman Sachs 3,533.69 6 12.02%
2 JPMorgan 3,387.74 5 11.52%
3 HSBC 3,118.62 6 10.60%
4 Citi 3,063.28 6 10.42%
5 TD Securities Inc 2,869.30 6 9.76%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 10 Jan 2017
1 JPMorgan 3,111.53 5 17.78%
2 Bank of America Merrill Lynch 2,735.23 4 15.63%
3 HSBC 2,589.66 3 14.80%
4 LBBW 2,024.41 4 11.57%
5 Barclays 1,213.11 3 6.93%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 HSBC 8,562.94 16 11.90%
2 JPMorgan 7,530.41 18 10.46%
3 Barclays 7,389.83 18 10.27%
4 Bank of America Merrill Lynch 6,234.66 16 8.66%
5 Citi 4,953.38 17 6.88%