Rentenbank in the news

  • Miffed? Far from it, say SSAs adapting to life under MiFID II

    Six months into the life of MiFID II, a new regulation that had many in the capital markets sweating over just how onerous their lives were about to become, some public sector borrowers have claimed that not only has the implementation of the regulation been simple, but in several ways it has been beneficial. That is not the universal view, however, with some borrowers still experiencing minor headaches.

    • 14 Jun 2018
  • Rentenbank EUR1.75bn 0.05% Jun 23

    • 07 Jun 2018
  • Renten hits new heights in euros

    Rentenbank on Tuesday sold what Dealogic data shows is its largest ever euro benchmark, while the State of North Rhine Westphalia visited the long end of the curve.

    • 05 Jun 2018
  • Investors shrugging off Italian election risk as SSAs find 15 year demand

    Sunday's Italian election is looming in the minds of those in the European SSA market. But despite the political risk posed, there is next to no volatility in evidence.

    • 01 Mar 2018
  • Rentenbank EUR1.25bn 0.5% Mar 25

    • 01 Mar 2018
  • EU ‘may need juicy premium’ for French demand

    The European Union’s upcoming April 2033 euro benchmark may have to offer a little more premium than usual if it wants to match a similar trade from the European Investment Bank last week and attract strong French demand, said bankers away from the mandate. Other euro supply in the pipe includes CPPIB Capital — also with a 2033 issue — and Rentenbank in sevens.

    • 26 Feb 2018
  • US yields go high, SSAs go low in curve

    A jump in US Treasury yields following a higher than expected US inflation print could boost long end dollar supply from SSAs said bankers, although investors might be keen for concerns over inflation to die down first. Meanwhile, issuers have been focusing on short dated arbitrage style trades with benchmark issuance limited this week — and likely next week — due to the Chinese New Year holidays.

    • 15 Feb 2018
  • Inflation print raises US rate rise expectations, as Rentenbank doubles dollar deal

    Investor expectations for the number of US Federal Reserve target rate rises this year grew on Wednesday after inflation figures for the country came in higher than most analysts’ expectations. The shift came on the same day that Rentenbank doubled its minimum size on a dollar syndication.

    • 14 Feb 2018
  • EIB and Rentenbank make active start with green Aussie deals

    With a new climate awareness bond from the European Investment Bank and the announcements of green taps from EIB and Rentenbank, it was a busy week of sustainable bond issuance in the Australian dollar market.

    • 04 Jan 2018
  • Low Q3 GDP figure likely to hit Aussie dollar trades

    A flurry of activity in the Australian dollar market this week may be at an end after a lower than expected third quarter Australian GDP print.

    • 07 Dec 2017
  • Rentenbank USD1.25bn 2.5% Nov 27

    • 09 Nov 2017
  • Investors lap up SSA dollar deluge

    Public sector borrowers have crammed more dollar deals into Tuesday than are sometimes seen in a week. But far from suffering from too much choice, investors gobbled up everything on offer — and bankers expect them to do just the same for two deals on Wednesday’s menu.

    • 07 Nov 2017
  • Renten in 10s and rare sovereign on full dollar curve card

    Rentenbank will tap a resurgent long end dollar market on Tuesday, alongside a rare appearance in the currency from the Canadian sovereign in fives and a French agency in threes. This is only the second time in nearly two and a half years that issuers have peppered the whole of the dollar curve on the same day.

    • 06 Nov 2017
  • Funding scorecard: European supranationals and agencies

    This week's funding scorecard looks at the funding progress various European supranationals and agencies have made in their funding programmes as we head into the September rush.

    • 11 Sep 2017
  • Rentenbank EUR1.25bn 0.25% Aug 25

    • 24 Aug 2017
  • Issuers and investors return early to derisk Draghi

    Outside observers may have been surprised to see European bond markets reopen after a short summer break this week. However, those involved in the market thought it a sensible move, write Nigel Owen, Craig McGlashan and Tyler Davies.

    • 24 Aug 2017
  • NWB and Renten set markers in euros

    Nederlandse Waterschapsbank brought some supply to the sparse long end of the SRI market on Tuesday, printing a trade that alongside Rentenbank was part of a strong re-emergence of euro supply after the summer.

    • 22 Aug 2017
  • Renten and NWB spark euro reopening

    The euro market for public sector borrowers appears to be fully reopening after the summer break, with a pair of issuers bringing mandates in very different tenors. Both trades are likely to benefit from the lack of supply over the last few weeks, said bankers.

    • 21 Aug 2017
  • Funding scorecard: European supranationals and agencies

    This week's funding scorecard looks at the funding progress various European supranationals and agencies have made in their funding programmes.

    • 23 Jun 2017
  • GC BondMarker: featuring the post election deal flood

    The week commencing May 8 brought a wave of public sector borrowing. The victory of Emmanuel Macron in the French presidential election caused a wave of relief and signalled a blazing green light for issuance. See how the deals fared on GC BondMarker.

    • 18 May 2017

Dealer League Table Rentenbank

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 1,670.43 9 13.87%
2 Goldman Sachs 1,601.11 5 13.30%
3 Commerzbank Group 1,088.61 6 9.04%
4 RBC Capital Markets 856.82 4 7.11%
5 NatWest Markets 820.62 4 6.81%

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Barclays 13,577.78 16 10.48%
2 Citi 12,045.36 19 9.30%
3 JPMorgan 11,945.26 17 9.22%
4 HSBC 10,316.86 14 7.96%
5 NatWest Markets 8,487.83 7 6.55%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 30,397.90 76 12.19%
2 JPMorgan 23,142.72 55 9.28%
3 HSBC 22,678.54 51 9.09%
4 Deutsche Bank 19,371.31 29 7.77%
5 Bank of America Merrill Lynch 19,305.57 55 7.74%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 26,932.95 62 8.19%
2 Barclays 25,202.39 44 7.66%
3 HSBC 23,409.02 79 7.12%
4 UniCredit 23,330.71 59 7.09%
5 BNP Paribas 21,558.84 41 6.55%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 58,719.26 309 7.20%
2 Citi 56,898.32 195 6.97%
3 HSBC 55,466.70 199 6.80%
4 Barclays 46,182.34 156 5.66%
5 Deutsche Bank 42,629.21 119 5.22%