BondMarker results: a trio of euro prints

The votes are in — read on to find out how deals priced in the week beginning January 29th fared with our voters.

  • By Tessa Wilkie
  • 12 Feb 2018
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Of three deals scored this week, the European Union’s €2.4bn 0.5% April 2025 took top honours, with an average score of 7.29 across the five deal categories available for voting (pricing, timing, structure/maturity, quality of the investor distribution and performance). Voters were particularly impressed with the quality of the investor distribution, awarding the deal a score north of 8 in that category.

The deal, led by Barclays, Commerzbank, HSBC and UniCredit, was part of the EU’s funding to extend European Financial Stabilisation Mechanism (EFSM) loans to Ireland. It had a book just shy of €5bn at the final pricing level. The EU aims to print a longer dated tranche to raise the remaining €1bn needed.

A €1.5bn five year from FADE, led by BBVA, Citi, HSBC and Santander, achieved an average score of 6.83. Its highest scores were in the structure/maturity and timing categories, but voters awarded it lower marks for quality of the investor distribution.

Rounding off the week is SFIL, which had an average score of 6.53 with a €1bn 0.75% February 2026. Its highest scores came in the structure/maturity and performance categories.  The deal was led by BNP Paribas, HSBC, JP Morgan, LBBW and NatWest Markets. 

BondMarker scores week of Jan 29


  • By Tessa Wilkie
  • 12 Feb 2018

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 11,313.87 13 14.29%
2 Citi 7,613.24 10 9.61%
3 HSBC 7,509.50 7 9.48%
4 BNP Paribas 7,165.31 9 9.05%
5 Credit Agricole CIB 6,754.94 7 8.53%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 12,172.38 24 14.18%
2 JPMorgan 9,485.94 18 11.05%
3 Barclays 7,464.36 14 8.69%
4 HSBC 6,884.61 11 8.02%
5 Bank of America Merrill Lynch 5,863.94 19 6.83%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 17,561.05 26 11.23%
2 Credit Agricole CIB 14,775.81 20 9.45%
3 HSBC 13,041.21 24 8.34%
4 SG Corporate & Investment Banking 10,788.22 13 6.90%
5 Barclays 10,649.23 15 6.81%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 28,944.56 81 9.18%
2 HSBC 23,995.87 61 7.61%
3 Citi 22,976.92 49 7.29%
4 Barclays 22,394.11 54 7.10%
5 Bank of America Merrill Lynch 17,341.69 48 5.50%