ESM EUR1.5bn 0.75% Sep 28 tap

  • By Burhan Khadbai, Lewis McLellan
  • 14 May 2020

Rating:Aa1/—/AAA

Amount:€1.5bn Reg S only tap (takes outstanding volume to €4.75bn)

Maturity:5 September, 2028

Issue/reoffer price:107.497

Coupon:0.75%

Spread at reoffer:mid-swaps plus 4bp; 46.1bp over the August 2028 Bund

Launched: Monday, May 11

Payment date:May 18

Joint books:BNP Paribas, Citi, Natixis


Borrower’s ...

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 $bn No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 32.85 36 9.58%
2 JPMorgan 32.66 49 9.53%
3 Citi 24.61 35 7.18%
4 BofA Securities 21.73 58 6.34%
5 HSBC 21.38 26 6.24%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Citi 37.01 88 10.80%
2 JPMorgan 29.30 60 8.55%
3 Goldman Sachs 27.75 45 8.10%
4 HSBC 25.70 68 7.50%
5 BofA Securities 25.28 60 7.38%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 50.45 106 8.54%
2 BNP Paribas 47.76 82 8.09%
3 HSBC 41.08 106 6.96%
4 UniCredit 40.44 89 6.85%
5 Credit Agricole CIB 34.16 76 5.79%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 94.33 266 7.23%
2 HSBC 82.10 231 6.29%
3 Citi 81.90 187 6.28%
4 BofA Securities 68.08 198 5.22%
5 BNP Paribas 60.89 133 4.67%