Rare appearance from Canada tops November dollar charts

The highest scoring dollar benchmark on BondMarker in November was a five year effort from Canada: its first international print since 2015.

  • By Tessa Wilkie
  • 07 Dec 2017
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Canada’s $3bn 2% November 2022 scored an average of nine out of 10 across the five categories available for scoring (pricing, structure/maturity, quality of the investor distribution, timing, performance).

Leads BMO Capital Markets, Citi, HSBC, Scotiabank and TD Securities priced the deal on November 7.

“It’s a rare name that everyone loves, which you can see from EDC deals,” said a banker away from the deal at the time of pricing. “There’s a lot of support for Canadian names, which are rare, high quality and offer a bit of a pickup versus US Treasuries. I’m not surprised it has gone well and it was good timing from the issuer’s perspective.”

In second and third place were prints from Japan Bank for International Cooperation: a $1.5bn 10 year tranche that took an average score of 8.9, with particularly impressive marks in the structure/maturity and timing categories; and a $1.5bn five year piece executed as part of the same deal. Barclays, Daiwa Capital Markets, Goldman Sachs and JP Morgan led the deal on November 7.

Want to learn more about BondMarker? Go to www.about.globalcapital.com/bondmarker. If you have any queries on BondMarker or would like us to add you to our distribution list, please email Tessa Wilkie, data editor, on tessa.wilkie@globalcapital.com. Remember, voters see results first and will have access to exclusive analysis. 
  • By Tessa Wilkie
  • 07 Dec 2017

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 4,822.01 5 13.56%
2 NatWest Markets 3,741.73 3 10.52%
3 Citi 3,544.03 6 9.97%
4 Goldman Sachs 3,231.80 5 9.09%
5 Barclays 2,461.72 2 6.92%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 8,145.87 7 13.09%
2 Citi 7,659.35 12 12.31%
3 Deutsche Bank 7,459.81 7 11.99%
4 Goldman Sachs 6,147.24 8 9.88%
5 JPMorgan 6,097.01 8 9.80%

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 10.92%
2 JPMorgan 6,925.07 9 10.29%
3 Credit Agricole CIB 6,342.60 7 9.42%
4 Goldman Sachs 5,890.15 6 8.75%
5 Citi 5,011.57 14 7.45%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 15,413.64 38 9.65%
2 JPMorgan 14,557.48 43 9.12%
3 Goldman Sachs 12,082.56 15 7.57%
4 Deutsche Bank 11,377.72 21 7.13%
5 HSBC 10,585.95 16 6.63%