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EFSF follows auction with surprise tap

The European Financial Stability Facility tapped 24 year debt, its longest dated bonds, on Thursday in a transaction driven by reverse enquiries. The deal followed an auction of 10 year debt earlier this week, and leaves the issuer more than three quarters of the way through its projected funding target for the quarter.

  • 15 Feb 2013
Commerzbank, Société Générale and UniCredit priced the €1bn tap of the EFSF’s 3.375% April 2037 notes at 45bp over mid-swaps, in line with guidance at 45bp area. The deal offers a 2bp-3bp new issue premium over the outstanding, according to the issuer, and brings the total size of ...

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European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 Barclays 14,544.75 18 10.40%
2 JPMorgan 13,122.11 20 9.38%
3 Citi 12,168.30 20 8.70%
4 HSBC 10,850.10 15 7.76%
5 NatWest Markets 9,080.61 8 6.49%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 Citi 34,822.11 93 12.14%
2 JPMorgan 25,979.10 64 9.06%
3 HSBC 25,138.94 58 8.76%
4 Bank of America Merrill Lynch 21,891.68 65 7.63%
5 Deutsche Bank 19,993.80 31 6.97%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 JPMorgan 33,318.06 81 8.65%
2 Barclays 29,485.51 52 7.65%
3 HSBC 26,753.49 93 6.94%
4 UniCredit 26,134.28 69 6.78%
5 BNP Paribas 24,736.61 55 6.42%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 JPMorgan 69,066.06 385 7.17%
2 Citi 65,940.01 242 6.84%
3 HSBC 62,024.66 232 6.44%
4 Barclays 53,951.51 196 5.60%
5 Deutsche Bank 45,779.29 142 4.75%