BondMarker results: impressive results across the board

Last week's crop of benchmarks have been subjected to the scrutiny of the BondMarker voters and, on the whole, they were pretty impressed.

  • By Lewis McLellan
  • 05 Oct 2017
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The BondMarker voters scored six benchmarks from issuers across the SSA spectrum, all but one of which achieved an average of over eight, and the Province of Ontario fell short by only a 10th of a point.

However, within the six deals, different borrowers received praise for different aspects of their transaction. Belgium's $1.5bn three year and Bpifrance's €700m 2024 tap received the highest scores of the week for pricing. Ontario received one of the weakest grades for pricing but the top score for the structure/maturity of its $2bn five year.

SNCF Réseau, which received the highest average score of the week, was praised particularly for its performance and timing, but received the lowest score for its pricing.

For full coverage of the deals, click here to read the bond comments.


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  • By Lewis McLellan
  • 05 Oct 2017

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 4,124.57 4 12.86%
2 Citi 3,544.03 6 11.05%
3 NatWest Markets 3,044.30 2 9.49%
4 Goldman Sachs 2,534.37 4 7.90%
5 Barclays 2,461.72 2 7.68%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 7,644.11 6 14.34%
2 Citi 6,191.70 7 11.61%
3 Goldman Sachs 6,147.24 8 11.53%
4 Deutsche Bank 6,126.48 5 11.49%
5 JPMorgan 4,598.48 6 8.63%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 7,351.66 8 11.87%
2 Credit Agricole CIB 6,342.60 7 10.24%
3 JPMorgan 6,071.58 8 9.80%
4 Goldman Sachs 5,036.65 5 8.13%
5 Citi 5,011.57 14 8.09%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 14,913.06 34 9.57%
2 JPMorgan 14,450.74 42 9.27%
3 Goldman Sachs 12,082.56 15 7.75%
4 Deutsche Bank 11,044.38 20 7.08%
5 HSBC 10,585.95 16 6.79%