ADB in the news

  • ADB EUR1.25bn 0.2% May 23

    • 17 May 2018
  • ADB and ESM hoist euro barbell

    A pair of supranationals hit opposite ends of the euro curve on Tuesday, keeping down their size ambitions in favour of tightening pricing.

    • 15 May 2018
  • ADB revs up for rare trip to euros

    Two mandates hit screens on Monday for supranational euro benchmarks. The Asian Development Bank (ADB), encouraged by a favourable basis swap, is set to make a rare appearance in the currency, coming to market alongside the European Stability Mechanism (ESM).

    • 14 May 2018
  • ADB faces hurdles to RMB funding

    The Asian Development Bank (ADB) is struggling to find the long term RMB funding it needs in both onshore and offshore markets, treasurers at the development bank told GlobalRMB at their head office in Manila.

    • 07 May 2018
  • ADB USD3.25bn 2.75% Mar 23

    • 15 Mar 2018
  • SSAs rush in where others fear to tread

    The widening of the dollar Libor/Overnight Indexed Swap (OIS) spread may be one of the biggest talking points in bond markets but it is wrenching open funding opportunities for public sector borrowers. The accompanying widening in dollar swap spreads led two issuers to break new issue records, writes Craig McGlashan.

    • 15 Mar 2018
  • AfDB up next as investors pour into dollar books

    Public sector borrowers found buckets of dollar demand on Tuesday, as a French agency sold its largest ever benchmark in the currency and a supranational printed a trade at the upper end of its historical size range. Another supra is lined up to test whether that demand will hold on Wednesday.

    • 13 Mar 2018
  • SSAs go short in dollars as swap spreads widen

    A pair of public sector borrowers are bringing short end dollar benchmarks as ever widening swap spreads support trades at that part of the curve.

    • 12 Mar 2018
  • ADB USD3.75bn 2.125% Jan 21, ADB USD1.5bn 2.75% Jan 28

    • 11 Jan 2018
  • SSAs spoiled for choice as multiple currencies open up

    Public sector borrowers are finding funding conditions beyond their wildest dreams, with not just last year’s staples of dollars, euros, sterling and Australian dollars on offer across the curve but the Canadian and New Zealand currencies coming into play too.

    • 11 Jan 2018
  • ADB, KfW bring full dollar curve as demand trumps politics

    Public sector issuers rounded out a superlative week for dollars with sparkling results across the curve on Thursday. Bankers are confident that issuers wishing to print in the coming weeks should find that investor demand outweighs any of the political concerns that brought volatility to rates over the last few days.

    • 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
  • ADB’s Kauri more than doubles target

    The Asian Development Bank's minimum NZ$200m ($143.6m) five year Kauri bond has grown to NZ$500m, indicating strong demand in the mid-part of the New Zealand dollar curve.

    • 10 Jan 2018
  • ADB's Kauri nearly double minimum target

    Asian Development Bank's minimum NZ$200m ($143.6m) five year Kauri bond has grown to NZ$350m, with books still open until Tuesday.

    • 08 Jan 2018
  • Aussie dollar issuers hop into 2018

    It has been an active week for Australian dollars, with the Asian Development Bank and the Inter-American Development Bank both selling in the middle of the curve.

    • 04 Jan 2018
  • Active start for Aussie dollars

    Three issuers have been active in the Australian dollar market so far this week, including two borrowers targeting deals in socially responsible formats.

    • 02 Jan 2018
  • ADB launches first gender equality bond

    The Asian Development bank has issued its first bond to finance projects promoting women’s empowerment in Asia and the Pacific.

    • 27 Nov 2017
  • BondMarker: ESM's debut amid dollar frenzy

    Last week was a momentous one for dollar borrowing in the SSA market. The European Stability Mechanism made its long awaited debut in dollars, swiftly followed by a pair of rare 10 year transactions. Read on to see how the BondMarker voters rated the deals.

    • 02 Nov 2017
  • Jumbo dollars in sight for SSAs

    After several months without any long end dollar benchmark bonds from public sector issuers, two came along at once this week — bolstering confidence that conditions are right for a borrower to print in jumbo size in the tenor for the first time in more than two years.

    • 26 Oct 2017
  • ESM makes debut amid dollar rush

    The European Stability Mechanism (ESM) brought its long awaited inaugural dollar transaction to market on Tuesday during a period of feverish activity in a dollar market that is “going from strength to strength”, according to one SSA banker.

    • 24 Oct 2017

Dealer League Table ADB

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 449.59 2 9.86%
2 Credit Agricole CIB 446.71 13 9.80%
3 TD Securities Inc 423.11 2 9.28%
4 Nomura 399.59 1 8.76%
4 Bank of America Merrill Lynch 399.59 1 8.76%

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Barclays 12,042.98 14 11.16%
2 JPMorgan 10,114.01 13 9.37%
3 Citi 9,037.14 14 8.37%
4 NatWest Markets 8,487.83 7 7.87%
5 HSBC 7,587.14 11 7.03%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 26,776.92 63 12.44%
2 HSBC 20,140.01 43 9.35%
3 JPMorgan 18,140.98 43 8.43%
4 Deutsche Bank 17,160.97 23 7.97%
5 Bank of America Merrill Lynch 15,542.62 47 7.22%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 21,242.89 39 8.56%
2 Barclays 19,533.57 31 7.87%
3 UniCredit 16,899.52 41 6.81%
4 HSBC 16,516.41 51 6.65%
5 BNP Paribas 15,247.52 27 6.14%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 47,163.88 157 7.44%
2 JPMorgan 46,881.95 215 7.40%
3 HSBC 42,134.38 143 6.65%
4 Barclays 36,659.08 110 5.78%
5 Deutsche Bank 34,477.82 91 5.44%