• Fed blockage diverts public sector primary bond flow to euros

    Public sector borrowers are hitting several parts of the euro curve, with dollar issuance all but dried up before the US Federal Reserve announces later on Wednesday the outcome of its Federal Open Markets Committee meeting.

    • 27 Jan 2016
  • Ontario prices second green bond in Canadian dollars

    The Province of Ontario last Friday took advantage of a calm end to a volatile week, pricing its second green bond in Canadian dollars at the very tight end of guidance.

    • 25 Jan 2016
  • SSA trio go big in dollars but long end still shut to issuance

    The carnage afflicting worldwide financial markets played into a trio of issuers’ hands this week, with each one able to attract strong demand from investors seeking safety in uncertain times.

    • 21 Jan 2016
  • SSAs entice sterling investors with juicy spreads over Gilts

    A storming start to the supranational and agency sterling market showed no signs of abating this week as issuance volume reached a record year-to-date high — and another issuer lined up a deal for Friday.

    • 21 Jan 2016
  • BNG brings bold dollar bond

    Bank Nederlandse Gemeenten (BNG) is the first SSA borrower this week to brave the dollar bond market as tricky conditions in other markets make life tough for issuers.

    • 19 Jan 2016
  • Three’s the magic number in difficult dollars

    A strong start to public sector dollar issuance in 2016 fell away this week, as volatile swap spreads returned and worries over the health of the Chinese economy made printing further along the curve difficult.

    • 14 Jan 2016
  • JBIC and Ontario hit 10s and threes in dollars

    The Japan Bank for International Cooperation priced a 10 year benchmark while the Province of Ontario placed a three year bond on Wednesday. Both issuers impressed bankers away from the trades, coming as they did amid difficult conditions.

    • 13 Jan 2016
  • Issuers line up in dollars despite tricky conditions

    A pair of SSAs are set to bring dollar deals on Wednesday, despite worries over the health of the Chinese economy making life difficult for other issuers in the currency on Tuesday.

    • 12 Jan 2016
  • Chile on track to reopen Lat Am with euro benchmark

    Chile has tightened price guidance on the first bond from Latin America this year, a 10 year euro-denominated deal, to 115bp area over mid-swaps.

    • 12 Jan 2016
  • Mandates questioned in trading probe fallout

    As news of the UK and US investigation into SSA market trading practices broke, the SSA market split over whether the banks at the heart of the probe would lose primary business.

    • 07 Jan 2016
  • 'Forced competition' to generate trading flow under fire for fomenting SSA scandal

    In the wake of the news that four traders at different banks were under investigation by US and UK authorities over possible sharing of client flow information, senior bankers were quick to blame the structures of the market, and pressure from issuers focused on turnover statistics, for making it possible.

    • 07 Jan 2016
  • GSE you later — SSAs go stateside

    Supranational and agency borrowers have long anticipated a wave of demand from American investors as US government sponsored enterprise issuance dwindles. But this week there were concrete signs that the dollar bond market has shaken off the problems that prevented the big switch. Craig McGlashan reports.

    • 07 Jan 2016
  • Scandal rocks SSA market

    Investigators are finally baring their teeth at the bond markets, after dozens of other post-crisis scandals, with a probe into the supranational and agency market that has engulfed four banks.

    • 07 Jan 2016
  • EFSF and sovereigns line up in euros as KfW, BNG and Ireland open market

    A healthy euro benchmark pipeline is building for next week, with one supranational looking to print and a pair of sovereigns believed to be considering deals, after a week that didn’t finish as strongly as it started for core issuers.

    • 07 Jan 2016
  • Investors pounce on Celtic Tiger story as Ireland prints €3bn

    Investors on Thursday pounced on Ireland's recovery story to lap up €3bn worth of 10 year bonds from the Celtic Tiger.

    • 07 Jan 2016
  • KDB brushes off worries with dollar return

    Korea Development Bank (KDB) snagged tight pricing for its $1.5bn dual-tranche bond, completing one of the first deals of the year in Asia. Some accounts stayed away citing expensive pricing and geopolitical concerns, but investors still thronged to the credit, viewing it as a defensive play amid high volatility.

    • 07 Jan 2016
  • IADB next up in dollar deluge

    The Inter-American Development Bank is the latest issuer to enter a red hot dollar market, after KommuneKredit and the Asian Development Bank raised money on Wednesday.

    • 06 Jan 2016
  • ESM posts RFPs as Ireland and KfW line up in euros

    The European Stability Mechanism is seeking ideas for a bond issue next week, as the euro market burst back into life following a holiday across much of Europe on Wednesday.

    • 06 Jan 2016
  • Swire, KDB lead the way for Asian IG bonds

    Hong Kong real estate giant Swire Properties and the Korea Development Bank have launched the first investment grade bonds from Asia for 2016, opening books for dollar-denominated transactions on January 6.

    • 06 Jan 2016
  • SSAs drive through dollar deals

    Last year’s difficult dollar conditions looked firmly in the past on Tuesday as a pair of issuers tapped different parts of the curve for big deals — and other issuers readied themselves for trades.

    • 05 Jan 2016
  • Asia DCM off to a busy start in 2016

    Asia’s debt capital market is set for a busy start to the year with both repeat and debut issuers looking to sell dollar offerings as early as this week.

    • 04 Jan 2016

All International Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 537.24 2075 9.13%
2 Citi 451.37 1711 7.67%
3 BofA Securities 447.50 1742 7.61%
4 Barclays 319.49 1313 5.43%
5 Goldman Sachs 312.54 1125 5.31%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 60.87 123 14.06%
2 Credit Agricole CIB 28.59 93 6.60%
3 Santander 25.41 90 5.87%
4 JPMorgan 23.88 61 5.52%
5 UniCredit 21.51 103 4.97%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 15.76 106 9.17%
2 Morgan Stanley 15.71 67 9.14%
3 Goldman Sachs 14.87 82 8.65%
4 Citi 12.56 72 7.30%
5 BofA Securities 11.86 62 6.90%