LBBW top stories

News dashboard

  • BNG and Land NRW plan euro sustainable bonds

    After a week without deals, the primary euro public sector bond market will see a return of activity next week with Bank Nederlandse Gemeenten and the State of North Rhine-Westphalia preparing to bring sustainable deals in the currency.

    • 25 Sep 2020
  • World Bank takes size as Hamburg lands safely after stumbling start

    Two public sector borrowers managed to get euro deals done in the primary market ahead of the European Central Bank’s governing council meeting on Thursday, with World Bank issuing its biggest ever bond in euros longer than 10 years and Hamburg comfortably crossing the line despite an embarrassing start to the execution process.

    • 10 Sep 2020
  • Hamburg out early with pricing after announcement error

    The City of Hamburg began taking indications of interest with initial price thoughts for a 30 year bond on Wednesday afternoon ahead of schedule after one of the leads accidentally sent out a message announcing the official opening of order books.

    • 09 Sep 2020
  • Commerz gets away with no NIP in AT1 return

    Commerzbank did not pay a premium to launch its new additional tier one (AT1) this week, as it found strong demand at the long end of the curve. The bank was returning to the market just three months after its last deal in the format.

    • 08 Sep 2020
  • Greece readies 10 year tap while Berlin heads to long end

    All eyes in the primary euro public sector bond market are fixed on the expected arrival of Germany's green Bund this week, but there were still some other deals announced on Tuesday. Greece is sticking to its plan for a syndicated bond issuance every quarter and Berlin hopes to match the success of its compatriot Land NRW in the 30 year part of the curve.

    • 01 Sep 2020
  • Euro SSA market reopens with all eyes on EU juggernaut

    Public sector borrowers found themselves in a tricky position as they returned to the primary euro market this week as they attempted to strike a balance between current secondary levels and where the market is heading with the arrival of the European Union’s giant borrowing programme from September.

    • 27 Aug 2020
  • KfW comes flat to EIB as KommuneKredit prints 20 year green

    The primary euro public sector bond market continued its busy week on Thursday with KfW and KommuneKredit issuing new 10 and 20 year deals, respectively.

    • 27 Aug 2020
  • RV or FV? Bankers keen to see KfW’s opening level for euro 10 year

    After KfW mandated banks on Wednesday to join the 10 year euro flurry, the question on the minds of market participants is at what level the Germany agency will choose to start at with such a wide differential between relative and fair value.

    • 26 Aug 2020
  • Baden-Wuerttemberg sells only 50% of aggressively priced deal

    The State of Baden-Wuerttemberg only managed to sell around half of its €1bn 10 year bond to investors on Tuesday as it came flat or slightly through its curve alongside competing supply in the tenor.

    • 25 Aug 2020
  • Freudenberg doubles revolver as refis return

    Freudenberg, the German industrial conglomerate, has signed a €500m revolving credit facility, as European lenders say that refinancing facilities are expected to take up a large portion of their time for the rest of the year.

    • 25 Aug 2020

LBBW In The Key League Tables

Asset Rank STLY Amount $bn No of issues Share % STLY Share %
  • Last updated
  • Today
Global FIG Revenue 25 45 0.04 215 0.80% 0.37%
Bookrunners of Euro Denominated DCM 22 18 17.35 98 1.35% 1.88%
Bookrunners of Euro Denominated SSA (Excl US Agency) 23 17 6.67 39 1.12% 1.92%
Bookrunners of Global Covered Bonds 2 3 6.43 36 5.33% 4.73%
Bookrunners of Euro Denominated Covered Bond Above €500m 1 2 5.43 27 8.25% 6.16%
Bookrunners of European Structured Finance 13 26 0.70 2 2.10% 0.63%
Dealer League Table KfW 18 15 0.53 2 1.05% 3.39%
Dealer League Table NWB 20 0.02 1 0.24%
Dealer League Table L-Bank 1 1 1.12 7 25.34% 18.73%
Dealer League Table Rentenbank 14 24 0.20 2 2.71% 0.65%
Dealer League Table Kommunekredit 10 0.05 1 3.05%

All International Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 450.25 1721 9.17%
2 Citi 390.12 1441 7.95%
3 BofA Securities 379.51 1463 7.73%
4 Goldman Sachs 267.23 946 5.44%
5 Barclays 266.16 1065 5.42%

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 14.55 93 10.06%
2 Goldman Sachs 13.34 71 9.22%
3 Morgan Stanley 13.09 56 9.05%
4 Citi 10.37 59 7.17%
5 BofA Securities 9.78 48 6.77%