NordLB top stories

News dashboard

  • People moves in brief

    Barclays appoints levfin and sponsors leaders — Créd Ag gives Goldfischer UK role — BTIG hires Huggins

    • 02 Jul 2020
  • Portugal and BNG land 15 year paper

    The 15 year tenor is the flavour of the week in the SSA market. Three issuers have mandated for deals at the tenor so far, following on from NRW.Bank’s successful trip to the maturity on Tuesday.

    • 01 Jul 2020
  • Helaba raids NordLB for two more new hires

    Two more bankers have ditched NordLB to take on DCM roles at Helaba, as the firm looks to expand its covered bond business.

    • 29 Jun 2020
  • EIB and Brandenburg hit sparse euro SSA market

    The European Investment Bank and the State of Brandenburg have mandated banks to bring euro deals on Thursday, in what has been an extremely thin week for supply with issuers well funded and some weakness in secondaries.

    • 17 Jun 2020
  • NordLB Lux 7yr has ‘fantastic outcome’

    Investors were eager to buy a euro benchmark seven year covered bond from NordLB Luxembourg on Wednesday, enabling the bonds to be priced flat to the issuer’s curve. That illustrating the strength of demand in what one lead manager described as a “hot” market.

    • 03 Jun 2020
  • Crisis Talk — with Carsten Tegtmeier, Nord LB’s head of primary products

    Unlike many banks, NordLB had been actively reducing its balance sheet well before the coronavirus crisis hit, so its need for funding is more modest than most. Though it seems likely Pfandbrief issuance will eventually return, German borrowers are hesitant to come to market, especially when there is cheap, plentiful central bank funding available. And, while Pfandbrief investors are well protected, it seems likely that a slow recovery in the commercial real estate market and a more questionable outlook for SME lending, will take its toll on lenders’ business models.

    • 20 May 2020
  • Helaba overhauls capital markets business, makes two hires

    Helaba has appointed two new syndicate bankers as it looks to bolster its coverage of FIG and SSA clients. The hires are among the first following a restructuring of the German bank’s capital markets business.

    • 01 Apr 2020
  • A tale of two outcomes as German states hit market

    Two German states rebooted the primary SSA market on Tuesday with intraday deals at the opposite ends of the euro curve. The five year deal was almost two times covered but there were no book updates for the 15 year.

    • 03 Mar 2020
  • Finland and Land NRW jump to long end amid Coronavirus rally

    The Republic of Finland and the State of North Rhine Westphalia hired banks on Monday to prepare syndicated bonds at the long end of the euro curve. Yields of eurozone haven assets remain compressed while fears of the coronavirus outbreak intensify.

    • 03 Feb 2020
  • NWB and Brandenburg take spotlight in euros as ADB lines up

    Nederlandse Waterschapsbank and the State of Brandenburg took advantage of a lack of euro SSA supply this week to bring well subscribed deals on Tuesday. The Asian Development Bank will be looking to follow with a 10 year euro benchmark on Wednesday.

    • 21 Jan 2020

NordLB In The Key League Tables

Asset Rank STLY Amount $bn No of issues Share % STLY Share %
  • Last updated
  • Today
Bookrunners of Euro Denominated Covered Bond Above €500m 18 21 1.37 7 2.10% 1.64%
Dealer League Table NWB 19 0.02 1 0.27%

All International Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 343.64 1252 9.30%
2 BofA Securities 291.63 1099 7.90%
3 Citi 287.17 1046 7.78%
4 Goldman Sachs 206.60 698 5.59%
5 Barclays 194.56 755 5.27%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 58.11 111 14.62%
2 Credit Agricole CIB 27.10 86 6.82%
3 Santander 24.06 74 6.05%
4 JPMorgan 21.94 55 5.52%
5 UniCredit 19.12 80 4.81%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 5.72 32 14.54%
2 Credit Suisse 4.91 19 12.47%
3 BofA Securities 3.69 22 9.38%
4 JPMorgan 2.99 21 7.60%
5 Morgan Stanley 2.78 10 7.06%