AfDB and NWB over the line despite ‘softer market’

The African Development Bank and Nederlandse Waterschapsbank were able to sell a pair of oversubscribed no-grow $500m socially responsible deals on Tuesday, despite tougher market conditions as the end of the year approaches.

  • By Burhan Khadbai
  • 27 Nov 2018
Leads Bank of America Merrill Lynch, Crédit Agricole, JP Morgan, TD Securities and Wells Fargo priced a no-grow $500m December 2021 green bond for AfDB with a spread of mid-swaps flat, unchanged from guidance. The spread was set at the same level as guidance ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,503.69 19 12.04%
2 Citi 11,025.37 16 9.83%
3 HSBC 10,438.07 12 9.31%
4 BNP Paribas 8,371.12 12 7.46%
5 Barclays 7,970.77 10 7.11%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 20,625.37 46 12.46%
2 JPMorgan 17,187.80 40 10.38%
3 Barclays 12,294.11 26 7.43%
4 HSBC 10,936.92 25 6.61%
5 Deutsche Bank 10,542.52 22 6.37%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 27,113.83 53 10.12%
2 HSBC 20,284.07 58 7.57%
3 Credit Agricole CIB 19,324.03 40 7.21%
4 BNP Paribas 18,161.36 34 6.78%
5 Barclays 17,423.19 37 6.50%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 48,456.47 210 7.93%
2 HSBC 41,020.86 144 6.72%
3 Citi 40,186.92 114 6.58%
4 Barclays 35,962.48 115 5.89%
5 Deutsche Bank 29,199.14 83 4.78%