Italy in the news

  • Italy EUR9bn 1.45% Mar 36

    • 13 Feb 2020
  • Hot demand for short and long in euros

    Borrowers hit screens in euros from three to 50 years this week, all enjoying heavily subscribed books and pricing with skinny new issue premiums thanks to investors’ confidence in consistent support from the European Central Bank.

    • 13 Feb 2020
  • Monetary policy outweighs virus fears

    Investors in the SSA market are piling into long dated bonds, leaving aside any coronavirus-driven fears and swelling the order books on 30 year and 50 year paper to record breaking levels, in what bankers are calling a 'one way market'.

    • 12 Feb 2020
  • Italy smashes newly minted order book record with 15 year

    Italy printed €9bn with a 15 year benchmark on Tuesday, wowing onlookers with a new Italian order book record and a 4bp move from initial price thoughts.

    • 11 Feb 2020
  • Italy to get in ahead of Spain as peripherals go long

    Italy is on screens with a 15 year benchmark, opting for the long end of the curve in spite of the concern some bankers have expressed about the difficulty of selling long dated debt.

    • 10 Feb 2020
  • CDP lining up social housing bond

    Cassa Depositi e Prestiti will come to market on Tuesday with a 10 year euro benchmark financing social housing projects in Italy.

    • 03 Feb 2020
  • Italy EUR7bn 2.45% Sep 50

    • 16 Jan 2020
  • SSAs reap rewards in euro long end

    A triple-A rated supranational and two sovereigns from the eurozone periphery took the opportunity to lock in low rates at the long end this week, amid strong market conditions. SSA bankers expect more supply to follow at this part of the curve over the coming weeks, including from France and potentially Greece.

    • 16 Jan 2020
  • Italy and Belgium books soar as records keep tumbling

    Italy and Belgium were the latest eurozone sovereigns to build their largest ever order books for syndicated bonds on Wednesday, with the former coming close to breaking the record demand from a eurozone issuer set by Spain on Tuesday.

    • 15 Jan 2020
  • Spain smashes euro SSA book record as Italy and Belgium line up

    Spain and Cyprus attracted strong demand for their syndicated bonds on Tuesday, with the former receiving the largest ever order book for a public sector euro benchmark. Italy and Belgium will add to the eurozone sovereign supply on Wednesday after mandating leads for new 30 and 10 year trades, respectively.

    • 14 Jan 2020
  • Italy eyes green debut in 2020

    Italy is planning to issue its inaugural green bond in the second half of 2020, joining Germany and Sweden, who are also looking to sell their debut bonds in the format next year.

    • 06 Dec 2019
  • Italy sells big inflation-linked PP

    Italy printed an €800m 20 year inflation linked private placement on Thursday, satisfying demand from a single investor.

    • 28 Nov 2019
  • UniCredit securitization frees up BTP book trapped in Fineco

    UniCredit has structured a a €7.75bn SME securitization called Impresa Two, which will allow the bank to free up a large book of Italian government bonds it had pledged to former brokerage subsidiary FinecoBank.

    • 14 Nov 2019
  • Rare European sovereign issues as market watches for tightening

    Luxembourg is issuing a euro benchmark bond on Wednesday, for the first time for almost three years, setting out to raise €1.7bn with a zero coupon seven year bond. Other issuers are waiting to pounce if the European Central Bank's quantitative easing resumption creates the right conditions.

    • 06 Nov 2019
  • Italy rids memories of 2018 with strong BTP Italia return

    Italy won huge backing from investors as it placed its first BTP Italia trade since a poorly received deal in November 2018, which came during the peak of the volatility in the country’s bond market.

    • 24 Oct 2019

Dealer League Table Italy

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 UniCredit 1.96 1 11.18%
1 SG Corporate & Investment Banking 1.96 1 11.18%
1 Nomura 1.96 1 11.18%
1 Morgan Stanley 1.96 1 11.18%
1 Goldman Sachs 1.96 1 11.18%

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%