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 Citi 8,388.79 12 12.37%
2 JPMorgan 7,267.09 8 10.71%
3 Barclays 6,912.22 7 10.19%
4 NatWest Markets 5,400.28 4 7.96%
5 HSBC 4,881.02 6 7.19%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 14,200.88 23 13.86%
2 HSBC 11,373.58 16 11.10%
3 JPMorgan 11,057.79 18 10.79%
4 Goldman Sachs 8,869.90 16 8.66%
5 Deutsche Bank 8,634.69 12 8.43%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 12,986.81 15 9.77%
2 Citi 11,339.99 28 8.53%
3 JPMorgan 11,003.56 18 8.28%
4 NatWest Markets 8,769.53 7 6.60%
5 Credit Agricole CIB 8,464.56 15 6.37%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 29,661.81 76 9.59%
2 JPMorgan 27,002.33 89 8.73%
3 HSBC 21,383.07 55 6.91%
4 Barclays 19,141.31 36 6.19%
5 Goldman Sachs 17,261.21 27 5.58%