World Bank takes Kiwi crown with largest Kauri

The World Bank sold its first New Zealand dollar bond since July 2012 on Tuesday, a five year note. The deal is the largest ever new issue from a sovereign, supranational and agency in Kauri format. Investor uptake was particularly high due to a large number of upcoming redemptions and increased offshore interest in the New Zealand dollar.

  • 08 Feb 2013

ANZ New Zealand and Bank of New Zealand priced the NZ$500m ($421.54m) 3.625% February 2018 paper at 26bp over mid-swaps, in line with guidance set at the 26bp area. Pricing was roughly in line with the issuer’s dollar curve.

The issuer decided to bring the deal in response to ...

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European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Citi 18,481.15 26 4.39%
2 HSBC 16,094.53 24 3.83%
3 BNP Paribas 15,919.65 22 3.79%
4 Barclays 15,870.51 25 3.77%
5 Goldman Sachs 14,733.99 25 3.50%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 53,463.63 126 11.62%
2 Citi 52,833.87 135 11.48%
3 HSBC 35,802.36 90 7.78%
4 Bank of America Merrill Lynch 34,298.88 106 7.45%
5 Deutsche Bank 31,295.15 75 6.80%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 34,793.50 122 7.23%
2 HSBC 34,778.70 117 7.23%
3 Barclays 32,929.25 80 6.85%
4 Goldman Sachs 31,906.26 88 6.63%
5 BNP Paribas 31,635.81 68 6.58%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 95,819.56 331 7.31%
2 JPMorgan 94,013.25 550 7.17%
3 HSBC 82,226.81 301 6.27%
4 Barclays 67,375.60 218 5.14%
5 Bank of America Merrill Lynch 66,801.88 220 5.09%