IDA to add bills to funding mix, non-core currency benchmark or MTNs up next

The International Development Association is preparing a short-term borrowing programme that the issuer told GlobalCapital will be similar in form to the commercial paper offerings of its peers the European Investment Bank and KfW. A second benchmark — likely to be in sterling or a niche currency — or a debut private medium-term note could follow, the borrower added.

  • By Craig McGlashan
  • 12 Feb 2019

Citiis arranging the IDA bills programme, the documents for which are being finalised in the coming weeks. IDA has selected the bank, along with Bank of America Merrill LynchBarclaysand NatWest Markets, as potential dealers.

IDA — the part of the World Bank that lends to the ...

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 13,145.26 17 13.20%
2 Citi 9,541.01 14 9.58%
3 HSBC 8,956.42 10 8.99%
4 BNP Paribas 7,456.75 9 7.49%
5 SG Corporate & Investment Banking 7,166.56 9 7.19%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 15,702.65 35 11.40%
2 JPMorgan 14,079.05 31 10.22%
3 Barclays 9,840.96 20 7.15%
4 Deutsche Bank 9,608.67 21 6.98%
5 HSBC 8,653.79 19 6.28%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 24,013.12 43 10.24%
2 HSBC 17,199.78 43 7.33%
3 BNP Paribas 16,950.33 29 7.23%
4 Credit Agricole CIB 16,768.27 33 7.15%
5 Barclays 15,192.79 29 6.48%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 41,475.22 159 8.22%
2 HSBC 32,747.05 113 6.49%
3 Citi 31,474.05 88 6.24%
4 Barclays 30,063.87 90 5.96%
5 Deutsche Bank 25,416.13 68 5.04%