AfDB in the news

  • MDBs group together to fund Egypt solar plant

    A consortium of international lenders is funding the development of Egypt’s largest solar plant.

    • 23 Apr 2021
  • SSA pair look to Scandinavia

    Norwegian krone SSA supply is outpacing Swedish kronor so far this year, driven in part by a demand for zero risk weighted assets in the market. Among the latest names to access the Norwegian market is the African Development Bank, which sold a new social bond as part of a dual-currency issue.

    • 15 Apr 2021
  • SSA secondary pricing update: Greece's new 30 year performs strongly

    Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark and bid-yields from the close of business on Tuesday, March 23. The source for secondary trading levels is ICE Data Services.

    • 24 Mar 2021
  • Funding scorecard: supranationals

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

    • 24 Mar 2021
  • AfDB USD2.5bn 0.875% Mar 26

    • 18 Mar 2021
  • Funding scorecard: supranationals

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

    • 09 Feb 2021
  • 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.

    • 03 Dec 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
  • Covid-19: SSA response bonds

    Sovereign, supranational and agency bond issuers are mobilising their resources to support the fight against Covid-19. The below table details the bonds they have issued, specifically in response to the coronavirus pandemic.

    • 22 Sep 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
  • 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
  • Newmarket begins fresh quest for impact in securitization

    Securitization is the most mathematical of debt markets, and synthetic securitization its most abstract department. But in a niche within that niche is a small investment firm, for which the market is all about ideas and people. Jon Hay reports.

    • 18 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
  • Supranationals taps niche currencies for Covid-19 response

    Social bonds are proving to be a key part of SSAs fight against the coronavirus, with $10.6bn equivalent printed since the start of the pandemic. Having already tapped core currency markets last month, this week a pair of supranationals turned towards niche currencies to fund their response to the pandemic. With demand for the social format high, both bankers and funding officials are hopeful the new investor interest will stick around after the pandemic passes.

    • 08 Apr 2020
  • Nigeria seeks $7bn from MDBs in bid to combat Covid-19

    Nigeria, Africa's largest economy, is the latest emerging market to approach international financing institutions for help to deal with Covid-19.

    • 07 Apr 2020
  • SSA secondary pricing update: Euro deals outperform dollars

    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, March 30. The source for secondary trading levels is ICE Data Services.

    • 31 Mar 2020
  • AfDB breaks social bond record with coronavirus response deal

    Investors flocked to African Development Bank’s Fight Covid-19 social bond on Thursday, allowing the supranational to print its own largest ever dollar deal, and its largest ever social bond.

    • 27 Mar 2020
  • AfDB USD3bn 0.75% Apr 23 Fight Covid-19 bond

    • 27 Mar 2020
  • SSAs pile into bond market to fight Covid-19

    Public sector borrowers returned en masse to the primary bond market this week, with many selling new issues with an explicit focus on providing emergency financing in response to the coronavirus outbreak.

    • 26 Mar 2020
  • IADB to follow AfDB with Covid-19 response bond

    The Inter-American Development Bank on Thursday started marketing a five year sustainable development bond in Global format as it looks to become third SSA borrower to jump into the dollar market this week. But SSA issuers that fund in euros will unlikely be able to mirror join the party.

    • 26 Mar 2020

Dealer League Table AfDB

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 0.52 3 24.65%
2 HSBC 0.40 1 18.84%
2 BofA Securities 0.40 1 18.84%
2 Barclays 0.40 1 18.84%
2 BNP Paribas 0.40 1 18.84%

European Sovereign Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Citi 10.32 10 10.59%
2 JPMorgan 9.57 13 9.82%
3 Nomura 9.49 9 9.74%
4 Deutsche Bank 8.69 9 8.92%
5 HSBC 7.49 7 7.68%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Citi 16.30 28 13.42%
2 JPMorgan 13.72 32 11.30%
3 HSBC 8.80 22 7.25%
4 BofA Securities 7.68 15 6.33%
5 BMO Capital Markets 6.49 10 5.34%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 18.40 43 9.08%
2 Deutsche Bank 18.01 25 8.89%
3 Citi 16.47 20 8.13%
4 Barclays 13.49 21 6.66%
5 HSBC 12.63 23 6.24%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Citi 37.34 58 9.23%
2 JPMorgan 35.63 124 8.81%
3 Deutsche Bank 27.56 42 6.81%
4 HSBC 25.10 55 6.20%
5 Barclays 21.56 42 5.33%