Latest Sovereigns news

  • Sovereigns flock to 10 year euros

    Two more European sovereigns have hit screens with 10 year euro mandates, hoping to enjoy the same success that Portugal and Belgium with their deals at the 10 year range this year.

    • 04:30 PM
  • AFT picks spot in curve for first French sovereign green bond

    The Agence France Trésor has announced the maturity date for the first ever French sovereign green bond, which could be priced this week.

    • 04:00 PM
  • Slovenia gives back to primary dealers with eurobond return

    Slovenian funding officials took advantage of the first sovereign bond market outing this year to reward loyal members of the country’s primary dealer group.

    • 20 Jan 2017
  • Trump, on reflection

    Even by Donald Trump’s standards, it was quite a comment. After leaving traders and investors weak at the knees with talk of big spending and bumper tax cuts, the US president-elect caused more than a few scratched heads this week as he said the dollar was too strong.

    • 19 Jan 2017
  • Dollar long end in SSA sights despite Trump dollar diss

    US President-elect Donald Trump left market participants dumbfounded by saying that the dollar is too strong just a few days before his inauguration on Friday — a position he won after a campaign promising infrastructure spending and tax cuts. But while Trump’s ability to disrupt markets is likely to be a feature of the next four years, the start of an unwinding of the ‘Trump trade’ could help public sector borrowers bring 10 year deals to a red hot dollar market, writes Craig McGlashan.

    • 19 Jan 2017
  • A steady hand needed to find long end euro demand

    Euro bonds at the 10 year maturity and beyond have proven difficult so far in 2017, but a strong performance from the European Investment Bank may have shown other issuers what it takes to pick up size at long maturities.

    • 19 Jan 2017
  • Optimism in Vienna as CEE sovereigns reveal funding plans for 2017

    CEE borrowers were upbeat at Euromoney’s Central and Eastern European Forum 2017 in Vienna this week, with several sovereigns revealing funding plans for the year.

    • 19 Jan 2017
  • Belgium eyeing return to ultra long

    Belgium is hoping to revisit the distant reaches of its euro curve, telling GlobalCapital that it is looking at selling 40 year debt in 2017.

    • 19 Jan 2017
  • Never mind the politics, Turkey's price is always right

    Typically an early mover in the race to fund, Turkey raised $2bn on Wednesday with an SEC-registered note maturing March 2027, a third of the total $6bn it plans to raise this year. But the sovereign has plenty of hurdles ahead, writes Virginia Furness.

    • 19 Jan 2017
  • Philippines lights up sovereign market with $2bn deal

    The Republic of the Philippines grabbed $2bn from investors Wednesday, after rolling out a new 25 year note with a tender offer for existing investors.

    • 19 Jan 2017

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Capital markets data from GlobalCapital

Go to GlobalCapital's SSA data pages for the latest information on priced deals, borrower funding progress, league tables and upcoming deals. 

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
  • Today
1 JPMorgan 14,215.75 50 9.69%
2 Barclays 13,032.51 29 8.89%
3 Citi 12,864.73 34 8.77%
4 HSBC 11,755.65 26 8.02%
5 Bank of America Merrill Lynch 9,593.97 21 6.54%