IFC shows dollar threes ‘just as strong’ as rampant fives

The International Finance Corporation on Thursday offered a solid helping of three year supply to a dollar market that has so far this year been dominated by five year issuance. The issuer was rewarded with a well oversubscribed book, with bankers away from the deal suggesting central banks would have played a large part.

  • By Craig McGlashan
  • 18 Jan 2018

Leads Bank of America Merrill Lynch, Citi, JP Morgan and TD Securities were yet to price the no-grow $2bn January 2021 global by press time, so investor stats were unavailable. But bankers felt central banks were likely big players.

“Compared to five years, we ...

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European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Barclays 12,042.98 14 11.09%
2 JPMorgan 10,337.24 14 9.52%
3 Citi 9,260.37 15 8.53%
4 NatWest Markets 8,487.83 7 7.82%
5 HSBC 7,587.14 11 6.99%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 27,151.43 65 12.45%
2 HSBC 20,140.01 43 9.24%
3 JPMorgan 18,703.30 46 8.58%
4 Deutsche Bank 17,160.97 23 7.87%
5 Bank of America Merrill Lynch 15,557.62 48 7.13%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 21,798.45 41 8.65%
2 Barclays 19,533.57 31 7.75%
3 UniCredit 16,899.52 41 6.71%
4 HSBC 16,634.15 52 6.60%
5 BNP Paribas 16,072.48 29 6.38%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 48,779.09 221 7.56%
2 Citi 48,211.77 162 7.47%
3 HSBC 42,435.46 146 6.58%
4 Barclays 38,142.80 115 5.91%
5 Deutsche Bank 34,770.24 92 5.39%