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 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 27,251.43 66 12.49%
2 HSBC 20,140.01 43 9.23%
3 JPMorgan 18,703.30 46 8.57%
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 22,577.73 42 8.83%
2 Barclays 20,703.19 33 8.10%
3 UniCredit 16,899.52 41 6.61%
4 HSBC 16,717.03 54 6.54%
5 BNP Paribas 16,072.48 29 6.29%

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 7.54%
2 Citi 48,311.77 163 7.47%
3 HSBC 42,458.91 147 6.57%
4 Barclays 38,146.39 117 5.90%
5 Deutsche Bank 34,770.24 92 5.38%