SEK in the news

  • SEK hits screens for four year dollar deal

    Swedish Export Credit Corporation appointed banks on Wednesday for the first syndicated public sector dollar bond since mid-November.

    • 04 Dec 2019
  • Funding scorecard: Nordic agencies

    This week's scorecard looks at the progress Nordic agencies have made in their funding programmes at the start of November. Some of the issuers have also set their funding targets for 2020.

    • 04 Nov 2019
  • SEK trade shows Libor demand still alive

    Investors have not completely shunned Libor-linked floating rate notes from public sector borrowers, as a trade from Swedish Export Credit Corp showed this week.

    • 26 Sep 2019
  • Higher yielding dollar SSAs in demand

    Deals set to be issued by the Province of Ontario and Development Bank of Japan on Wednesday attracted good demand, reflecting their higher yield relative to other dollar supra and agency bonds.

    • 25 Sep 2019
  • Kommuninvest kicks off busy dollar week

    Kommuninvest kicked off the dollar market this week with a $1.25bn blowout, despite it being at record tight levels over Treasuries, according to a banker on the deal. Following on from Kommuninvest’s deal, a wide range of SSAs look to print across the curve, including rare issuer IDB Invest with its five year dollar bond debut.

    • 24 Sep 2019
  • Funding scorecard: Nordic agencies

    This week's scorecard looks at the progress Nordic agencies have made in their 2019 funding programmes by the middle of September.

    • 16 Sep 2019
  • Dollar SSA buyers heavily favour shorter deals

    The dollar SSA market saw a clear schism this week between the maturities investors favour, with shorter end trades tightening pricing while longer maturity deals were forced to print in line with initial price thoughts.

    • 05 Sep 2019
  • SSA names turn screws on dollar spreads

    SSA issuers of dollar bonds were able to push harder on spread than they have in recent weeks on Wednesday, surprising syndicate bankers away from the deals.

    • 04 Sep 2019
  • Funding scorecard: Nordic agencies

    This week's scorecard looks at the progress Nordic agencies have made in their 2019 funding programmes.

    • 12 Aug 2019
  • Funding scorecard: Nordic agencies

    This week's scorecard looks at the progress Nordic agencies have made at the end of June.

    • 28 Jun 2019
  • SSAs take advantage of low Nordic yields

    A trio of SSAs made the most of low yields in Danish kroner and Swedish kronor to print paper with coupons hovering around zero this week.

    • 27 Jun 2019
  • IADB 10 year dollar deal to set the tone in SSAs

    The Inter-American Development Bank hit screens on Monday afternoon for a new June 2029 dollar benchmark. The note is the IADB's first 10 year benchmark of the year and other SSA issuers are circling, ready to enter the market if this deal goes well.

    • 10 Jun 2019
  • Wild US rates fail to deter CDPQ and SEK

    CDP Financial and Swedish Export Credit Corp (SEK) were the only SSA names to brave a volatile dollar market this week, and both deals got across the line.

    • 06 Jun 2019
  • SEK floater hints at dogged Libor-linked demand

    Swedish Export Credit Corp’s $650m floating rate note printed this week won the approval of bankers off the trade, as the demand for Libor-linked debt shows little sign of dissipating.

    • 06 Jun 2019
  • SEK increases size as Treasury yields plunge

    Swedish Export Credit Corp has set the terms on a $650m December 2020 floating rate note, increasing the size of its trade amid sharp volatility in the US rates market on the prospect of dovish policy action from the Federal Reserve.

    • 05 Jun 2019
  • CDP Financial sets spread at IPT levels

    CDP Financial has set the price in line with initial price thoughts for its two year dollar benchmark, giving investors a new issue premium of around 4bp.

    • 04 Jun 2019
  • Funding scorecard: Nordic agencies

    This week's scorecard looks at the progress Nordic agencies have made in their 2019 funding programmes.

    • 24 May 2019
  • SEK USD1bn 2.375% Apr 21

    • 05 Apr 2019
  • Blistering week for SSA sees premiums burned away

    Sovereign, supranational and agency (SSA) issuers burst into the second quarter with a scorching week that saw plenty of big books and minimal or negative premiums.

    • 04 Apr 2019
  • SEK prints $1bn through its dollar curve after supply dip

    Swedish Export Credit joined the growing ranks of public sector issuers that have priced bonds though its curve this week when it printed a $1bn 2021 bond with a negative premium.

    • 03 Apr 2019

Dealer League Table SEK

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 0.20 1 33.33%
1 Citi 0.20 1 33.33%
1 Barclays 0.20 1 33.33%
Subtotal 0.60 1 100.00%
Total 0.60 1 100.00%

European Sovereign Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 10.53 15 13.17%
2 Citi 7.29 9 9.12%
3 Goldman Sachs 6.07 9 7.60%
4 SG Corporate & Investment Banking 5.99 6 7.50%
5 BNP Paribas 5.58 9 6.99%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Citi 11.58 21 12.76%
2 JPMorgan 8.31 15 9.15%
3 BofA Securities 6.29 19 6.92%
4 TD Securities Inc 6.21 12 6.84%
5 Goldman Sachs 5.78 14 6.37%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 17.15 25 10.98%
2 HSBC 11.44 27 7.32%
3 BNP Paribas 11.39 20 7.29%
4 SG Corporate & Investment Banking 10.56 15 6.76%
5 BofA Securities 10.00 23 6.40%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 28.34 64 9.03%
2 Citi 23.13 51 7.37%
3 HSBC 19.70 60 6.28%
4 BofA Securities 18.29 54 5.83%
5 Goldman Sachs 17.20 35 5.48%