NWB in the news

  • SSA dollar names pile into topsy-turvy market

    The World Bank was one of a bevy of SSA dollar issuers raising a total of $8.4bn this week, with most of the trades indicating that investors coming back from the summer were having to decipher a completely different market to the one they left.

    • 21 Aug 2019
  • Dollar SSA market lit up with kaleidoscope of trades

    The dollar SSA market was ablaze on Tuesday, with five deals on screen offering small new issue premiums and gaining chunky demand across the maturity curve.

    • 20 Aug 2019
  • SSA duo kick away dollar cobwebs

    Land NRW and Nederlandse Waterschapsbank mandated for dollars on Monday, kickstarting the market again after a fortnight of blank screens in the currency.

    • 19 Aug 2019
  • Funding scorecard: European supranationals and agencies

    This week's funding scorecard looks at the progress that Europe's supranationals and agencies have made in their funding programmes by the mid-point of August.

    • 16 Aug 2019
  • Kanga market starts to heat up

    As core markets in the northern hemisphere begin to cool, SSA issuers are looking towards an Australian dollar sector unaffected by the summer close.

    • 25 Jul 2019
  • SSAs pile into Kauri and Kangaroo peripheries

    As core markets in the northern hemisphere begin to cool, SSA issuers are looking towards a Kiwi and Aussie periphery unaffected by the summer close.

    • 22 Jul 2019
  • SSA pair follow KfW through slim window

    Last week’s tightly priced bond issue by KfW has inspired a slew of issuers to print three year dollar notes this week. The Asian Development Bank was first off the blocks on Tuesday with a new benchmark, while a tight Export Development Canada trade followed the next day.

    • 11 Jul 2019
  • MTN bankers await AIIB programme

    MTN bankers were “happy” to hear that the Asian Infrastructure Investment Bank is working on documentation for a Euro medium term note programme.

    • 11 Jul 2019
  • Euro MTN issuers go long

    A trio of agencies and an infrequent issuer have printed long dated paper in MTN euros this week, and there has also been long end corporate interest in Swedish kronor.

    • 07 Jun 2019
  • NWB EUR1bn 0.125% May 27 affordable housing bond

    • 23 May 2019
  • NWB launches new social framework

    Nederlandse Waterschapsbank has inaugurated its updated social housing bond framework with a €1bn SRI issue. The new framework includes an environmental aspect alongside pre-existing social elements.

    • 21 May 2019
  • NWB USD500m FRN Nov 20

    • 03 May 2019
  • NWB goes it alone in dollars

    Nederlandse Waterschapsbank (NWB) acted as an oasis for dollar starved investors on Thursday, with its $500m no-grow floater oversubscribed before US markets opened.

    • 02 May 2019
  • NWB releases pricing for dollar floater

    Nederlandse Waterschapsbank (NWB) is taking indications of interest for a $500m no-grow 18 month floating rate note on Wednesday, amid an absence of benchmarks business given a spate of global public holidays this week.

    • 01 May 2019
  • Last bounce for Kangaroos

    Syndicate bankers are expecting Kangaroo issuance to wane as the Japanese market shuts down this weekend for an extended holiday and Australia’s inflation outlook worsens.

    • 25 Apr 2019
  • NWB EUR1bn 0.625% Feb 29 affordable housing bond

    • 31 Jan 2019
  • SSA SRI gathers steam in advance of record 2019

    Several public sector borrowers tapped the socially responsible investment (SRI) market this week, with more deals expected in February, before what many analysts expect will be a record year for the asset class.

    • 31 Jan 2019
  • NWB tightens by 3bp for housing bond, Land NRW hits road

    Nederlandse Waterschapsbank was over three times covered for a 10 year affordable housing bond on Wednesday, allowing it to tighten multiple times during pricing to leave no concession, according to on-looking bankers. Meanwhile, the State of North Rhine-Westphalia has appointed banks to arrange a roadshow in Europe and Asia for a long dated euro sustainability bond.

    • 30 Jan 2019
  • NWB EUR1.25bn 0.125% Jan 24

    • 10 Jan 2019
  • Euro SSAs keep up pace with quartet oversubscribed

    The public sector euro market’s thundering start to the year stayed noisy on Thursday as a quartet of smaller issuers from across the continent printed oversubscribed deals.

    • 10 Jan 2019

Dealer League Table NWB

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 679.10 3 12.57%
2 BNP Paribas 633.53 5 11.73%
3 Credit Agricole CIB 437.07 4 8.09%
4 Bank of America Merrill Lynch 436.57 4 8.08%
5 Commerzbank Group 414.50 3 7.67%

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 17,683.39 29 10.66%
2 Citi 13,595.38 21 8.19%
3 Goldman Sachs 12,302.04 22 7.41%
4 HSBC 12,224.45 15 7.37%
5 BNP Paribas 11,306.61 19 6.81%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 30,035.14 74 11.43%
2 JPMorgan 28,857.73 75 10.98%
3 HSBC 18,795.39 47 7.15%
4 Barclays 17,883.71 42 6.80%
5 Bank of America Merrill Lynch 16,023.83 61 6.10%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 34,680.26 81 9.38%
2 BNP Paribas 25,099.76 62 6.79%
3 Credit Agricole CIB 24,029.17 65 6.50%
4 Goldman Sachs 23,977.03 51 6.48%
5 UniCredit 23,539.60 68 6.36%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 72,657.14 349 7.87%
2 Citi 56,982.66 177 6.17%
3 HSBC 54,638.28 218 5.92%
4 Barclays 47,859.89 169 5.18%
5 Bank of America Merrill Lynch 40,445.49 149 4.38%