Rentenbank in the news

  • Rentenbank EUR1bn 0% Nov 29

    • 21 Nov 2019
  • Rentenbank struggles as negative yield deters Asian investors

    Rentenbank raised €1bn of 10 year cash on Wednesday. The deal did not reach full subscription and the leads were unable tighten the spread from guidance, thanks to a rates sell-off affecting demand from Asia.

    • 20 Nov 2019
  • Land NRW SRI deal shows price sensitivity as Renten readies 10s

    Investors showed some price sensitivity when confronted with the State of North Rhine Westphalia’s (Land NRW) dual tranche sustainable offering on Wednesday. Nevertheless, compatriot issuer Rentenbank will add to euro SSA supply this week after mandating banks for a new 10 year benchmark.

    • 19 Nov 2019
  • Rentenbank USD1bn 1.75% Sep 21

    • 19 Sep 2019
  • SSA pair slip in ahead of Fed

    A brace of dollar deals came to the market on Tuesday, with Rentenbank and Council of Europe squeezing into the market for $1bn apiece amid high expectations of an impending rate cut as the US Federal Reserve meets.

    • 17 Sep 2019
  • KfW and Bpifrance to reopen euro SSA market

    KfW and Bpifrance were the first public sector borrowers out of the blocks in euros following last Thursday’s European Central Bank meeting in which it unleashed its new comprehensive stimulus package.

    • 16 Sep 2019
  • European agencies hop into long end Kanga taps

    A pair of European agencies placed taps at the long end of the Kangaroo curve this week, printing at the nine and 12 year points. Yields on these notes have fallen compared to previous taps, as the Kangaroo market feels the effects of a global bond rally.

    • 29 Aug 2019
  • SSAs open long end Kanga taps

    A trio of European agencies and a supranational all priced taps at the long end of the Kangaroo curve last week, with tenures ranging from nine to 12 years. Yields on these notes have fallen compared to previous taps, as the Kangaroo market feels the effects of the global bond rally.

    • 27 Aug 2019
  • Renten and IADB tap dollars in Fed fixated market

    Rentenbank and Inter-American Development Bank hit the market for small taps of existing dollar debt on Tuesday, though some investors’ attentions are focused on this week’s US Federal Reserve meeting.

    • 30 Jul 2019
  • Renten and IADB slip in ahead of Fed cut

    Rentenbank and Inter-American Development Bank hit the market for small taps of existing dollar debt on Tuesday, dipping into the market before the US Federal Reserve cut rates for the first time since the financial crisis.

    • 29 Jul 2019
  • Rentenbank follows KfW into 2026 sterling

    Rentenbank printed a £250m December 2026 bond on Tuesday, as top rated issuers found plenty of demand at the longer end of the sterling curve.

    • 25 Jul 2019
  • Rentenbank EUR500m 0.05% Dec 2029

    • 27 Jun 2019
  • Investors pile into record low yields as further ECB stimulus looms

    No matter how deep yields in the primary euro bond market dived into negative territory this week, investors seemed desperate to follow, locking in record low levels in anticipation of the European Central Bank (ECB) making a further cut in its deposit rate and resuming quantitative easing. Burhan Khadbai and Bill Thornhill report.

    • 27 Jun 2019
  • Rentenbank undersubscribed amid lack of NIP

    Rentenbank failed to achieve subscription for its €500m 10 year trade on Tuesday, despite offering a positive yield and a maturity that has been labelled the ‘sweet spot’ in the euro public sector bond market.

    • 25 Jun 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 April.

    • 26 Apr 2019
  • Rentenbank goes through curve in euros

    Rentenbank printed at a tight spread on Thursday with a 10 year euro benchmark, swelling the deal to €1.25bn.

    • 21 Feb 2019
  • Rentenbank adds to long-dated euro rush

    Rentenbank hit screens on Wednesday to announce a 10 year euro benchmark, joining a resurgence of long-dated euro supply.

    • 20 Feb 2019
  • Italy wins record book (again) for 30 year

    Italy passed a test at the long end of the curve with a final order book of over €41bn for a 30 year syndication on Wednesday — far surpassing its previous record book that was set only last month.

    • 06 Feb 2019
  • World Bank boosts sterling’s record start as more supply hits screens

    World Bank on Thursday added to a record breaking start to the year for public sector sterling issuance with yet another large trade. A German agency is set to bring another deal this Friday in a market that shows no signs of slowing down.

    • 24 Jan 2019

Dealer League Table Rentenbank

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 BofA Securities 0.28 2 13.31%
2 Morgan Stanley 0.25 2 11.98%
3 Deutsche Bank 0.23 2 11.12%
4 Nordea 0.23 1 10.93%
5 LBBW 0.20 2 9.80%

European Sovereign Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 11.35 16 13.38%
2 Citi 7.29 9 8.59%
3 BNP Paribas 6.40 10 7.55%
4 Goldman Sachs 6.07 9 7.16%
5 SG Corporate & Investment Banking 5.99 6 7.06%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Citi 11.58 21 12.74%
2 JPMorgan 8.31 15 9.14%
3 BofA Securities 6.39 20 7.03%
4 TD Securities Inc 6.21 12 6.83%
5 Goldman Sachs 5.78 14 6.36%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 18.07 27 11.19%
2 BNP Paribas 12.28 21 7.60%
3 HSBC 11.44 27 7.08%
4 SG Corporate & Investment Banking 10.56 15 6.54%
5 BofA Securities 10.00 23 6.19%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 29.38 67 9.18%
2 Citi 23.13 51 7.23%
3 HSBC 19.80 61 6.18%
4 BofA Securities 18.39 55 5.74%
5 Barclays 17.35 44 5.42%