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 16,032.07 25 9.77%
2 Barclays 15,041.98 19 9.17%
3 Citi 13,795.56 24 8.41%
4 HSBC 11,845.99 17 7.22%
5 BNP Paribas 10,802.75 16 6.58%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 41,726.66 111 12.22%
2 JPMorgan 29,288.84 79 8.58%
3 HSBC 29,000.04 74 8.49%
4 Bank of America Merrill Lynch 27,450.34 80 8.04%
5 Goldman Sachs 24,685.10 55 7.23%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 35,503.26 95 8.02%
2 HSBC 31,898.18 113 7.20%
3 Barclays 31,737.51 60 7.17%
4 UniCredit 30,989.16 83 7.00%
5 BNP Paribas 27,189.65 67 6.14%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 77,915.32 278 6.84%
2 JPMorgan 77,286.41 442 6.79%
3 HSBC 72,655.52 285 6.38%
4 Barclays 59,775.59 229 5.25%
5 Deutsche Bank 52,560.34 166 4.61%