ADB in the news

  • SSA secondary pricing update: Big fat Greek rally

    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, February 3. The source for secondary trading levels is ICE Data Services.

    • 04 Feb 2020
  • ADB EUR1bn 0.025% Jan 30

    • 23 Jan 2020
  • Supra duo tap SRI Kangaroos

    Two supranationals hopped into the Kangaroo market with environmental, social governance (ESG) bond taps this week, in a move that is becoming increasingly popular. With a local holiday this weekend marking the end of antipodean summer, bankers expect Australian dollar issuance to restart in the next few weeks.

    • 23 Jan 2020
  • ADB gets 'punchy' price in 10 year euros

    The Asian Development Bank came in tight for a 10 year euro deal, pricing close to the level of World Bank's seven year sold earlier this month

    • 22 Jan 2020
  • NWB and Brandenburg take spotlight in euros as ADB lines up

    Nederlandse Waterschapsbank and the State of Brandenburg took advantage of a lack of euro SSA supply this week to bring well subscribed deals on Tuesday. The Asian Development Bank will be looking to follow with a 10 year euro benchmark on Wednesday.

    • 21 Jan 2020
  • ADB opens Kauri market for 2020

    Demand for the Asian Development Bank's new five year Kauri print — the first SSA deal in the market since August — soared on Wednesday, leading to the deal being increased twice during pricing. With several frequent issuers also circling the market, bankers expect more to follow.

    • 15 Jan 2020
  • Demand high for SSA dollar threes and 10s

    A pair of Asian SSA issuers joined a busy dollar market on Wednesday, bringing three and 10 year deals. Demand for three year dollar paper is high, with two more issuers set to join the fray on Thursday.

    • 15 Jan 2020
  • Tight dollar successes for KfW and Canada

    KfW and Canada both launched dollar benchmarks on Wednesday, bringing a pair of highly subscribed and tight deals. Following their success, two Asian SSA issuers prepare to join the busy dollar market.

    • 14 Jan 2020
  • ADB brings first Kauri bond of 2020

    The Asian Development Bank is “testing the market” with a new five year New Zealand dollar bond — the first Kauri deal of 2020 and the first from a SSA issuer since last August.

    • 14 Jan 2020
  • General Mills raises dough

    US food group General Mills sold €200m of short dated notes on Wednesday, in its first sole-led deal since 2017.

    • 10 Jan 2020
  • Funding scorecard: supranationals

    This week's funding scorecard looks at the progress supranationals have made in their funding programmes at the beginning of December, with some issuers also setting their funding targets for 2020.

    • 03 Dec 2019
  • Funding scorecard: supranationals

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

    • 18 Oct 2019
  • ADB EUR750m 0% Oct 29 green bond

    • 17 Oct 2019
  • ADB prices aggressively to extend euro green curve

    Asian Development Bank came tight to its curve as it printed its second euro green bond this week — and its largest — following its debut last year.

    • 17 Oct 2019
  • KfW offers rare positive yield while ADB prints biggest green in euros

    Investors pounced on the opportunity to buy a bond with a positive yield in the euro market by KfW on Tuesday. Elsewhere, the Asian Development Bank drew strong demand to sell its biggest ever green bond in euros following its debut in 2018.

    • 15 Oct 2019
  • KfW out with 15 year as ADB goes for green

    The euro SSA market kicked off this week with KfW targeting the long end and the Asian Development Bank (ADB) hitting screens for a 10 year euro green bond — its third syndicated bond in as many currencies in just a few days.

    • 14 Oct 2019
  • UK pension funds spur supras to sell sterling green

    The sterling SSA green bond market is going from strength to strength, buoyed by new legislation requiring pension funds to disclose their environmental, social and governance strategies.

    • 10 Oct 2019
  • ADB goes for double with dollars and green sterling

    Asian Development Bank hit the market twice on Thursday, grabbing $3bn of five year paper and selling its debut green bond — a £250m seven year trade.

    • 10 Oct 2019
  • EBRD and ADB prepping green debuts

    Two supranationals are on screens for ESG firsts. The European Bank for Reconstruction and Development (EBRD) has announced its first green transition bond, while the Asian Development Bank (ADB) is preparing its first foray into the green bond market in sterling, capitalising on strong appetite from UK pension funds.

    • 09 Oct 2019
  • KfW and ADB reopen 10 year dollars

    KfW and the Asian Development Bank won huge praise from SSA bankers with rare 10 year dollar trades this week. The former issued the largest ever dollar green from a public sector borrower.

    • 12 Sep 2019

Dealer League Table ADB

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Natixis 0.14 1 84.04%
2 JPMorgan 0.02 3 10.17%
3 Barclays 0.01 2 5.79%
Subtotal 0.17 6 100.00%
Total 0.17 6 100.00%

European Sovereign Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 9.54 14 13.14%
2 Citi 6.29 8 8.67%
3 Goldman Sachs 6.07 9 8.37%
4 BNP Paribas 5.58 9 7.69%
5 SG Corporate & Investment Banking 5.00 5 6.89%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Citi 11.30 20 13.25%
2 JPMorgan 8.31 15 9.74%
3 Goldman Sachs 5.78 14 6.78%
4 Morgan Stanley 5.76 11 6.75%
5 BMO Capital Markets 5.74 10 6.73%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 16.07 24 10.86%
2 BNP Paribas 11.39 20 7.69%
3 HSBC 10.83 24 7.32%
4 BofA Securities 10.00 23 6.75%
5 UniCredit 9.73 24 6.57%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 26.62 57 9.35%
2 Citi 21.30 46 7.48%
3 HSBC 18.33 53 6.44%
4 BofA Securities 17.47 51 6.14%
5 Goldman Sachs 16.82 33 5.91%