EBRD in the news

  • Funding scorecard: supranationals

    This week's funding scorecard looks at the progress supranationals have made in their funding programmes at the end of November, with some issuers also setting their targets for 2021 and starting pre-funding.

    • 01 Dec 2020
  • MTNs join bank sub-benchmark flurry

    Banks were busy issuing sub-benchmark sized deals in the euro public market last week, prompting several issuers to follow suit in the MTN market.

    • 23 Nov 2020
  • SSAs up deal sizes thanks to extra demand.

    The European Bank for Reconstruction and Development landed $1.5bn of five year paper on Wednesday — $500m more than it was originally targeting, thanks to stronger than anticipated demand.

    • 18 Nov 2020
  • MTN investors on hold ahead of election

    A number of MTN investors are waiting for the result of the US election before committing themselves to the market, meaning next week is set to be a quiet one.

    • 23 Oct 2020
  • Supras plug away in quiet week

    Focus was on the public market this week, with supranationals making up the majority of MTN supply.

    • 16 Oct 2020
  • Funding scorecard: supranationals

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

    • 16 Oct 2020
  • EBRD USD1bn Oct 24 FRN

    • 09 Oct 2020
  • EBRD prints record Sofr deal

    The European Bank for Reconstruction and Development ventured out to raise its largest ever bond linked to the secured overnight financing rate (Sofr) this week in what otherwise a thin week for issuance in dollars.

    • 07 Oct 2020
  • Funding scorecard: supranationals

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

    • 04 Sep 2020
  • The war on Huawei, robots and female pay, state aid’s real state of play

    Each week, Keeping Tabs brings you the very best of what we have found most useful, interesting and informative from around the web. This week: what’s next for the US after its war on Huawei, the impact that more robots would have on the gender pay gap, and a look on the bright side of Europe’s mishmash of state guarantee schemes.

    • 17 Jul 2020
  • Ukraine funding at ‘high risk’ as central bank governorship remains up in the air

    Ukraine's access to both IMF funding and debt markets was at "high risk" as concerns arose over the candidates to be the next governor its central bank. The IMF warned president Volodymyr Zelensky on Tuesday of the importance of maintaining the National Bank of Ukraine's independence, which some say highlights how critical the choice of governorship will be.

    • 15 Jul 2020
  • EBRD slips behind EIB into green slow lane

    The European Bank for Reconstruction and Development is launching the second phase of its Green Economy Transition approach and hopes to help policymakers make the recovery from the coronavirus pandemic a green one. But critics say its plans are little more than “business as usual” and that even the activities it classes as green sometimes have weak environmental credentials.

    • 14 Jul 2020
  • EBRD to turn half green, despite opposition from US

    The European Bank for Reconstruction and Development’s board of directors has approved a proposal to accelerate its transition towards being a green bank, including devoting over 50% of its investments to the green economy by 2025. But it has deferred a decision on when the rest of its activities will be aligned with the Paris Agreement.

    • 10 Jul 2020
  • Funding scorecard: supranationals

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

    • 08 Jul 2020
  • EBRD goes for aggressive spread for dollar three year

    The European Bank for Reconstruction and Development raised some eyebrows with an aggressive spread for its three year dollar benchmark, but the issuer was able to pull in enough demand to print $500m more than anticipated.

    • 30 Jun 2020
  • EBRD prints Algerian dinar-linked note

    The European Bank for Reconstruction and Development (EBRD) sold the first Algerian dinar-linked bond from a development finance institution last week. With local market liquidity drying up because of the collapse in the price of oil, further demand for dinar assets could depend on how well the nation’s economy diversifies away from the industry.

    • 26 Jun 2020
  • EM still lags on Libor transition

    Emerging market borrowers and lenders still lag developed markets on the transition away from the Libor, with the coronavirus pandemic hampering progress.

    • 08 Jun 2020
  • Funding scorecard: supranationals

    This week's funding scorecard looks at the progress supranationals have made in their funding programmes as we reach the end of May and enter June.

    • 01 Jun 2020
  • Quantum leap in financing needs for development post-Covid — EBRD

    The Covid-19 pandemic has caused a “quantum” change in the amount of capital required to finance development, according to the head of the European Bank for Reconstruction and Development (EBRD).

    • 28 May 2020
  • SSA secondary pricing update: UK 10 year trades tighter after £82bn book

    Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark and bid-yields from the close of business on Monday, May 18. The source for secondary trading levels is ICE Data Services.

    • 19 May 2020

Dealer League Table EBRD

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 1.81 31 13.50%
2 Morgan Stanley 1.53 11 11.39%
3 Citi 1.52 16 11.35%
4 HSBC 1.02 7 7.58%
5 Barclays 0.79 8 5.90%

European Sovereign Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 42.49 60 10.43%
2 BNP Paribas 35.95 41 8.82%
3 Citi 29.08 41 7.14%
4 BofA Securities 25.35 63 6.22%
5 Barclays 23.24 40 5.70%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Citi 57.53 138 11.19%
2 JPMorgan 45.74 102 8.90%
3 Goldman Sachs 36.90 61 7.18%
4 HSBC 35.58 101 6.92%
5 BofA Securities 33.73 82 6.56%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 75.90 169 8.85%
2 BNP Paribas 71.26 133 8.31%
3 UniCredit 60.36 142 7.04%
4 Credit Agricole CIB 53.73 121 6.26%
5 HSBC 52.51 166 6.12%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 144.57 405 7.49%
2 Citi 121.90 277 6.31%
3 HSBC 106.48 347 5.52%
4 BofA Securities 94.90 253 4.92%
5 BNP Paribas 93.19 216 4.83%