The GlobalCapital Covered Bond Awards celebrate the most notable market achievements in the period between August 2022 and July 2023.
Four new categories were added for 2023, recognising the Best Tech Provider, Best Bank for Digitalisation, Best Electronic Trading Platform and Best Trustee.
The shortlists were chosen through a market consultation, which took place in June. Market participants were invited to share their recommendations of the transactions, borrowers, investment banks and people that had stood out during the review period. Based on this feedback, shortlists were drawn up in each category. As ever, this was a competitive process and congratulations go to all of this year’s nominees.
These shortlists were opened to a market vote, which took place during July. Those active in the covered bond market were invited to have their say on the leading names in each category. Votes were received from over 360 covered bond professionals, including 90 issuers, 100 investors and 125 lead managers.
The winners of the awards will be announced at a gala dinner on September 14, following the Euromoney/ECBC Covered Bond conference in Munich. They will be available to view on the GlobalCapital website on September 15.
Deals
Best pioneering deal
Credit Suisse, €750m December 2025 |
Deutsche Kreditbank, €500m 3% January 2035 social |
KEB Hana, €600m 3.75% May 2026 SME empowerment social |
Landsbankinn, €300m 4.25% March 2028 |
Santander, 3.25% €500m February 2028 Cédulas de internacionalización |
UniCredit, €1.75bn 3.375% January 2027 & €1.25bn 3.5% July 2030 |
Best ESG deal
Berlin Hyp, €500m 3% May 2026 social & €500m 3% January 2033 green |
Deutsche Kreditbank, €500m 3% January 2035 social |
Crédit Agricole, €1.25bn 3.25% June 2033 social |
Caffil, €750m 3.125% November 2027 green |
Caja Rural Navarra, €500m 3% April 2027 green |
Stadshypotek, €1bn 3.125% April 2028 green |
Best debut deal
Credit Suisse, €750m December 2025 |
HSBC, £500m August 2027 |
Macquarie, €600m 2.574% September 2027 |
Santander €2.5bn 3.375% January 2026 & €1bn 3.375% January 2030 |
Santander, €500m 3.25% February 2028 export finance |
Slovenská sporiteľňa, €500m 3.5% March 2028 |
UniCredit €1.75bn 3.375% January 2027 & €1.25bn 3.5% July 2030 |
Best Swiss franc deal
CBA Sfr300m 1.94% June 2030 |
CCDJ Sfr325m 1.735% January 2028 (January 2023) |
Credit Suisse Sfr500m 2.459% November 2024 |
KHFC Sfr160m 2.155% October 2025 and Sfr140m 2.465% October 2027 |
Nationwide Sfr315m 1.758% Jan 2026 and a SFr170m 2.013% Jan 2030 |
Best sterling deal
Bank of Nova Scotia £1.25bn September 2027 |
National Australia Bank £1.25bn June 2026 |
Nationwide £750m June 2028 |
Santander UK £1.5bn January 28 |
TSB £1bn February 2027 |
Best dollar deal
CCDJ $1bn 4.85% October 2025 |
CIBC $1.75bn 4.414% June 2028 |
National Australia Bank $1.65bn, 4.628% November 2027 |
Westpac $1.75bn 4.185% May 2028, |
Best euro deal
Deutsche Bank €500m 3.125% October 2026 & €500m 3.125% May 2033 |
Deutsche Kreditbank €500m 3% January 2035 social |
Santander €2.5bn 3.375% January 2026 & €1bn 3.375% January 2030 |
Toronto Dominion €3.5bn 3.879% March 2026 & €1.5bn 3.715% March 2030 |
UniCredit €1.75bn 3.375% January 2027 & €1.25bn 3.5% July 2030 |
Deal of the year
BNP Paribas €1.5bn 3% May 2028 |
ING €2bn 3% February 2033 & €2bn 3% February 2027 |
Santander €2.5bn 3.375% January 2026 & €1bn 3.375% January 2030 |
Toronto Dominion €3.5bn 3.879% March 2026 & €1.5bn 3.715% March 2030 |
UniCredit €1.75bn 3.375% January 2027 & €1.25bn 3.5% July 2030 |
Issuers
Best ESG Issuer
Berlin Hyp |
Caffil |
KHFC |
Spabol |
UniCredit |
Best euro issuer
BPCE |
ING |
Santander |
Toronto Dominion |
UniCredit |
Issuer of the year
Bank of Montreal |
BPCE |
Crédit Agricole |
Santander |
Toronto Dominion |
Lead managers
Best bank for distribution
BayernLB |
Danske Bank |
Erste Group |
Helaba |
NordLB |
Best bank for structuring & ALM
Barclays |
BNP Paribas |
HSBC |
NatWest |
Best bank for ESG issuers
ABN Amro |
BNP Paribas |
Crédit Agricole |
ING |
NatWest Markets |
Best bank for inaugural issuers
Barclays |
BNP Paribas |
Erste Group |
ING |
UniCredit |
Best syndicate bank
Deutsche Bank |
DZ Bank |
Erste Group |
NatWest Markets |
RBC Capital Markets |
Société Générale |
UniCredit |
Best sterling lead manager
Barclays |
Lloyds |
NatWest Markets |
Nomura |
RBC Capital Markets |
Best dollar lead manager
Citi |
HSBC |
Lloyds |
RBC Capital Markets |
TD Securities |
Best euro lead manager
Commerzbank |
Crédit Agricole |
LBBW |
Natixis |
UniCredit |
Covered bond house of the year
Barclays |
Crédit Agricole |
HSBC |
LBBW |
UniCredit |
People
Best syndicate banker
Mladen Djurdjevic, Erste Groupe |
Edouard Freton, Société Générale |
Vincent Hoarau, Crédit Agricole |
Ken Loesken, ING |
Mark Pearce, HSBC |
Anthony Tobin, RBC Capital Markets |
Alex Trulli, Natixis |
Alberto Villa, UniCredit |
Platform service providers
Investor of the year
Commerzbank Treasury |
Intesa Sanpaolo |
KfW |
Nordea IM |
Norges |
Rentenbank |
Union Invest |
Best ESG rating agency
Fitch |
ISS ESG |
Moody’s |
S&P Global Ratings |
Sustainalytics |
Best law firm
Allen & Overy |
Clifford Chance |
Linklaters |
Mayer Brown |
White & Case |
Best tech provider
Econans |
EIB Green eligibility Checker |
Evitec |
Harley & Dikkinson |
Kestrix |
Best bank for digitalisation
DZ Bank |
Santander |
Société Générale |
Best electronic trading platforms
Interactive Brokers |
MarketAxess |
MTS BondVision |
Tradeweb |
Best corporate trust providers
BNP Paribas Securities Services |
BNY Mellon Corporate Trustee Services Limited |
Citi Issuer Services |
Deutsche Bank Trust and Agency Services |
HSBC Issuer Services |
Perpetual Corporate Trust |