• Two borrowers hit screens to extend sterling’s run

    The European Investment Bank (EIB) and Municipality Finance announced sterling transactions for Tuesday, making this January a remarkably busy one for the currency.

    • 29 Jan 2018
  • SSAs set long and short markers in delicious dollar mart

    Public sector borrowers this week set new landmarks in what has already been an exemplary year in dollars, as KfW sold the largest 10 year dollar benchmark in 2.5 years and the Nordic Investment Bank priced the tightest deal versus swaps of 2018 so far. SSA bankers are confident that conditions will hold at both ends of the curve — allowing the possibility of further long end supply and even lower short end spreads.

    • 25 Jan 2018
  • KfW USD3bn 2.875% Apr 28

    • 25 Jan 2018
  • Sterling demand high, supply low

    Sterling issuance was thin this week relative to its scorching start to the year although there was still room for Kommunalbanken to print its largest ever deal in the currency. Strong supply is on the way from the UK Debt Management Office but while demand is as good as some bankers have ever seen, other deals may be limited by technical factors.

    • 25 Jan 2018
  • KfW blasts open dollar 10 jumbos, supranational tipped to follow

    KfW on Wednesday posted a clear sign that the path to 10 year dollars is wide open for public sector borrowers, printing a $3bn global that was the largest trade in the tenor for 2.5 years. That left SSA bankers rubbing their hands and speculating over which borrower might come next.

    • 24 Jan 2018
  • KfW to test dollar 10s after SSAs clean up in threes

    Public sector borrowers wrapped up a trio of short end dollar trades on Tuesday, with the tightest issuer able to grind in pricing to the lowest level from an SSA this year and the higher yielding names finding ample demand despite ending up at similar spreads. SSA bankers are confident that the strong conditions will also ring true at the long end for KfW, which has mandated for its first 10 year dollar benchmark in nearly three years.

    • 23 Jan 2018
  • Austria EUR4bn 0.75% Feb 28

    • 23 Jan 2018
  • SSAs bask in ‘best ever’ start for sterling as records tumble

    Sterling conditions are searing hot for public sector borrowers, with records breaking left, right and centre. And despite investors taking large volumes out of the market, SSA bankers are confident that more supply can be handled.

    • 18 Jan 2018
  • EDC USD1.25bn 2.5% Jan 23

    • 18 Jan 2018
  • EIB GBP1bn 0.875% Mar 21

    • 18 Jan 2018
  • Austria stands alone in super euro conditions

    Only a single issuer came to market in euros on Thursday. In what a banker away from the deal referred to as “good traffic control”, Austria had the market to itself for a €4bn 10 year.

    • 18 Jan 2018
  • IFC shows dollar threes ‘just as strong’ as rampant fives

    The International Finance Corporation on Thursday offered a solid helping of three year supply to a dollar market that has so far this year been dominated by five year issuance. The issuer was rewarded with a well oversubscribed book, with bankers away from the deal suggesting central banks would have played a large part.

    • 18 Jan 2018
  • Dollar SSAs enjoy big books and tightened pricing

    Dollar SSA deals are showing little signs of a hangover from a public holiday in the US on Monday, with all three of Wednesday’s trades well over subscribed and pricing inside guidance.

    • 17 Jan 2018
  • World Bank lines up in hot sterling market

    The World Bank is set to become the latest public sector borrower to visit the sterling market, following the European Investment Bank’s £1bn trade on Tuesday.

    • 16 Jan 2018
  • Swap spread widening ‘will boost’ SSA dollar bunch

    A widening in dollar swap spreads since the end of last week should help support a trio of dollar deals on screens for Wednesday’s business, said SSA bankers.

    • 16 Jan 2018
  • KfW GBP1bn 1% Dec 22

    • 11 Jan 2018
  • IADB USD3.75bn 2.5% Jan 23

    • 11 Jan 2018
  • SSAs print chunky deals in superlative sterling mart

    SSAs enjoyed a fine week in the sterling market, raising a total of nearly £2bn as bankers pointed to several factors that could be driving demand.

    • 11 Jan 2018
  • IADB in another dollar high five as ADB prepares long end test

    The Inter-American Development Bank provided further proof on Wednesday that there is deep demand at the five year part of the dollar curve — but another supranational is stepping up to test the long end of the currency for the first time this year.

    • 10 Jan 2018
  • EIB sets tone for SSA dollar rush with biggest book in years

    The European Investment Bank on Tuesday produced its largest dollar deal in nearly three years — and its biggest book in even longer — in what bankers said was a clear signal of the strength of demand in the currency. The Inter-American Development Bank is next up in dollars, and more supranationals could still enter the fray this week, with supply expected to keep at a rampant pace until mid-February.

    • 09 Jan 2018
  • Kommunalbanken USD1.5bn 2.5% Jan 23

    • 04 Jan 2018
  • Sweden scores in superb dollar market

    The dollar bond market has been thoroughly supportive of this week’s SSA borrowers, but none more so than Sweden, which pulled in its biggest order book ever for its first deal of 2018.

    • 04 Jan 2018
  • Sweden scores biggest ever book in superb dollar market

    The dollar market has been thoroughly supportive of this week’s SSA borrowers, but none more so than Sweden, which pulled in its biggest order book ever for its first deal of 2018.

    • 04 Jan 2018
  • Nordic SSAs kick off dollar mart supply

    The dollar market is poised to get off to a flying start to the year in the Nordic region, which hosts all three of this week's scheduled dollar borrowers.

    • 03 Jan 2018

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 227,365.29 1021 8.28%
2 Citi 211,404.92 882 7.70%
3 Bank of America Merrill Lynch 176,375.36 735 6.42%
4 Barclays 164,503.56 674 5.99%
5 HSBC 136,422.24 745 4.97%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 27,431.07 110 7.86%
2 Credit Agricole CIB 25,676.63 105 7.36%
3 JPMorgan 21,834.93 53 6.26%
4 Bank of America Merrill Lynch 21,382.31 54 6.13%
5 SG Corporate & Investment Banking 16,639.52 78 4.77%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 7,483.79 37 9.65%
2 JPMorgan 7,363.27 46 9.50%
3 Goldman Sachs 6,842.44 35 8.83%
4 Citi 5,763.97 41 7.44%
5 UBS 4,691.07 23 6.05%