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Cast your vote on the latest covered bonds
Please take a few minutes to cast your confidential vote 20 recently issued euro covered bonds - including those from Erste Group, Virgin Money and Liberbank.
The GlobalCapital Covered Bond Marker allows all market participants to vote confidentially on the latest covered bond deals based on three metrics: timing, pricing and distribution.
The survey only takes a few minutes to complete and is completely confidential.
Any or all of the following deals can now be voted on:
Deutsche Hypo €500m 0.01% Sep 2022
Erste €500m 0.01% Sep 2029
My MoneyBank €500m 0.05% Sep 2029
LBBW €650m 0.01% Sep 2028
Lloyds €750m 0.125% Sep 2029
DZ Hyp €1bn 0.01% Jan 2027
NN Bank €500m 0.125% Sep 2029
Virgin Money €600m 0.01% Sep 2026
Liberbank €1bn 0.25% Sep 2029
Helaba €1bn 0.01% Sep 2029
HVB €750m 0.01% Sep 2024
Credit Agricole SCF €750m 0.01% Sep 2028
Skipton €500m 0.01% Sep 2024
Belfius €500m 0.01% Oct 2029
Hypo Noe €500m 0.01% Oct 2026
Prima banka €500m 0.01% Oct 2026
Deutsche Bank €500m 0.01% Oct 2029
Bawag €500m 0.01% Oct 2029
Berlin Hyp €1bn 0.01% Aug 2022
MuenchenerHyp €500m 0.01% Sep 2023
The Covered Bond Marker League Table
Please take a look at GlobalCapital's interactive Covered BondMarker League TableBuilder for covered bonds provides an up-to-date ranking of banks that have worked on the highest quality deals. You don't need to be a subscriber to use this feature.
Below the league table you can find all recent related covered bond marker stories.
How the Covered Bond Mark is calculated
Subscribers can check out our deal database here. Remind yourself of the deals we've seen, the spread, the size, the oversubscription ratio, the number of orders, the distribution and the bid levels one week after launch. Each deal in the database has a link to the deal review.
The database also has a column showing the BondMarker average score.
The covered bond mark ranges from 0 which is worst to 10 which is best. Five points are based on an automated score and five points are based on the survey. If less than three people vote on any given deal - the automated mark is doubled.
The automated mark is calculated as follows:
Number of Investors
0-20 0
21-39 2
40-59 4
60-99 4.5
100+ 5
Deal size
0bn-0.49bn 0
€500m 3
€750m 3.5
€1bn 4
€1.25bn 4.5
€1.5bn+ 5
Oversubscription ratio
<1 0. 0
1.0-1.09 2
1.1-1.29 3
1.3-1.59 4
1.6-1.99 4.5
2+ 5
Bid one week after launch
Positive Figure 0
0 1
-1 3
-2 4.5
-3 4.75
-4 or more 5
.
