OeKB in the news

  • OeKB USD1.5bn 1.625% Sep 22

    • 12 Sep 2019
  • Trio of SSAs bask in three year dollars

    There were no problems with competing supply as a trio of public sector borrowers enjoyed strong demand for dollar bonds this week, despite all three having the same maturity.

    • 12 Sep 2019
  • KfW extends green bond curve with an ‘outstanding success’

    KfW won huge praise from on-looking bankers for a curve extending and rare 10 year dollar green bond on Tuesday. The Inter-American Development Bank (IADB) and Österreichische Kontrollbank (OeKB) also enjoyed success in the dollar primary market with three year trades, with the former selling its debut Sofr-linked floating rate note.

    • 10 Sep 2019
  • KfW to stretch dollar green curve, IADB out with debut Sofr FRN

    KfW mandated banks for its longest ever dollar green bond on Monday, while the Inter-American Development Bank is taking indications of interest for its inaugural Sofr-linked floating rate note.

    • 09 Sep 2019
  • OeKB readies debut SRI bond

    Österreichische Kontrollbank (OeKB), Austria’s export credit agency, will go on roadshow next week to present its recently established sustainability bond framework to European investors. An inaugural bond in the format is expected to follow.

    • 05 Sep 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
  • Funding scorecard: European supranationals and agencies

    This week's funding scorecard looks at the progress of Europe's supranationals and agencies as we enter the start of the third quarter.

    • 05 Jul 2019
  • Favourable spreads offer SSA MTN sterling spree

    Three SSA borrowers issued a total of £200m ($255m) of medium-term notes in response to an inquiry for three year non-call one fixed rate sterling bonds on Tuesday — which probably all sold to the same buyer — amid an uptick of paper in the currency.

    • 13 Jun 2019
  • Funding scorecard: European supranationals and agencies

    This week's funding scorecard looks at the progress of Europe's supranationals and agencies at the end of May.

    • 31 May 2019
  • SSAs pounce on Norway govvie redemption to raise MTN cash

    The recent redemption of a Norwegian government bond has led to an increase in Nordic currency issuance this week, according to one MTN banker. The European Investment Bank and KfW tapped these released funds to raise a combined Nkr1.5bn ($171.2m).

    • 23 May 2019
  • SSA kangaroos jump to the long end

    A series of modest taps at the long end of the Australian dollar curve at the end of last week suggests that what has been a quiet market for Kangaroo bonds could soon spark into life, according to SSA funding officials.

    • 28 Mar 2019
  • EBRD smashes fresh sterling record

    The European Bank for Reconstruction and Development smashed its newly minted size record in sterling with its sophomore effort using the Sonia benchmark.

    • 21 Feb 2019
  • OeKB USD1.5bn 2.625% Jan 22

    • 24 Jan 2019
  • Dollar demand overwhelms as deals tighten but ‘breather’ needed

    It was another sparkling week in dollars for public sector borrowers, with Asian Development Bank the pick of the bunch as it brought the tightest deal of the year so far versus Libor and US Treasuries. More supply is expected for next week, although some SSA bankers feel the market could do with a “breather”.

    • 24 Jan 2019
  • OeKB reaps rewards in dollar threes but ‘breather needed’

    Oesterreichische Kontrollbank’s decision to mix up this week’s dollar supply with a three year benchmark reaped rewards on Thursday, as it recorded one of its largest ever allocations to central banks and one of its tightest ever US Treasury spreads. But some SSA bankers believe the dollar market might need a “breather” after a rampant start to the year.

    • 24 Jan 2019
  • Agency steps up after five year dollar clash ends well

    The public sector dollar market on Wednesday showed that it had more than enough depth to cope with a pair of issuers bringing deals in the same maturity with just a basis point of difference in initial price thoughts, as both trades came in size and at tightened pricing. Another agency is set to dip into the demand on Thursday.

    • 23 Jan 2019
  • EBRD prints record size in sterling for first Sonia

    The European Bank for Reconstruction and Development on Wednesday became the third public sector borrower to issue an inaugural Sonia-linked bond in 2019, with the deal marking the borrower’s largest sterling bond to date.

    • 09 Jan 2019
  • Eur-on your own — life after ECB QE

    SSA euro issuance outstripped dollars this year, thanks to strong conditions in the first half and the vagaries of the basis swap. But the end of eurozone quantitative easing and political strife made it a trickier place later in 2018 — and those elements are unlikely to disappear in 2019.

    • 17 Dec 2018
  • ‘Art over science’ for resilient dollars in 2019

    The dollar SSA market at the end of 2018 was in stark contrast to euros, despite the latter outstripping it in volume over the year. Even uncertainty over the Federal Reserve’s rate path in 2019 seems unlikely to shake the fortitude of the currency as a funding source for SSAs. But finding windows could become trickier as the Fed pulls liquidity amid global trade wars and rising populism.

    • 17 Dec 2018
  • Funding scorecard: European supranationals and agencies

    This week's funding scorecard looks at the progress of Europe's supranationals and agencies as the year comes to a close. Some of the issuers have also set their funding targets for 2019.

    • 07 Dec 2018

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%