SEK in the news

  • Dollar SSA buyers heavily favour shorter deals

    The dollar SSA market saw a clear schism this week between the maturities investors favour, with shorter end trades tightening pricing while longer maturity deals were forced to print in line with initial price thoughts.

    • 05 Sep 2019
  • SSA names turn screws on dollar spreads

    SSA issuers of dollar bonds were able to push harder on spread than they have in recent weeks on Wednesday, surprising syndicate bankers away from the deals.

    • 04 Sep 2019
  • Funding scorecard: Nordic agencies

    This week's scorecard looks at the progress Nordic agencies have made in their 2019 funding programmes.

    • 12 Aug 2019
  • Funding scorecard: Nordic agencies

    This week's scorecard looks at the progress Nordic agencies have made at the end of June.

    • 28 Jun 2019
  • SSAs take advantage of low Nordic yields

    A trio of SSAs made the most of low yields in Danish kroner and Swedish kronor to print paper with coupons hovering around zero this week.

    • 27 Jun 2019
  • IADB 10 year dollar deal to set the tone in SSAs

    The Inter-American Development Bank hit screens on Monday afternoon for a new June 2029 dollar benchmark. The note is the IADB's first 10 year benchmark of the year and other SSA issuers are circling, ready to enter the market if this deal goes well.

    • 10 Jun 2019
  • Wild US rates fail to deter CDPQ and SEK

    CDP Financial and Swedish Export Credit Corp (SEK) were the only SSA names to brave a volatile dollar market this week, and both deals got across the line.

    • 06 Jun 2019
  • SEK floater hints at dogged Libor-linked demand

    Swedish Export Credit Corp’s $650m floating rate note printed this week won the approval of bankers off the trade, as the demand for Libor-linked debt shows little sign of dissipating.

    • 06 Jun 2019
  • SEK increases size as Treasury yields plunge

    Swedish Export Credit Corp has set the terms on a $650m December 2020 floating rate note, increasing the size of its trade amid sharp volatility in the US rates market on the prospect of dovish policy action from the Federal Reserve.

    • 05 Jun 2019
  • CDP Financial sets spread at IPT levels

    CDP Financial has set the price in line with initial price thoughts for its two year dollar benchmark, giving investors a new issue premium of around 4bp.

    • 04 Jun 2019
  • Funding scorecard: Nordic agencies

    This week's scorecard looks at the progress Nordic agencies have made in their 2019 funding programmes.

    • 24 May 2019
  • SEK USD1bn 2.375% Apr 21

    • 05 Apr 2019
  • Blistering week for SSA sees premiums burned away

    Sovereign, supranational and agency (SSA) issuers burst into the second quarter with a scorching week that saw plenty of big books and minimal or negative premiums.

    • 04 Apr 2019
  • SEK prints $1bn through its dollar curve after supply dip

    Swedish Export Credit joined the growing ranks of public sector issuers that have priced bonds though its curve this week when it printed a $1bn 2021 bond with a negative premium.

    • 03 Apr 2019
  • Funding scorecard: Nordic agencies

    This week's scorecard looks at the progress Nordic agencies have made in their 2019 funding programmes halfway through the first quarter.

    • 08 Feb 2019
  • EIB and KfW get sterling start to 2019, ADB, BNG and SEK on screens

    The European Investment Bank and KfW comfortably raised a combined £2.25bn on Thursday after receiving whopping investor demand for benchmark trades. This Friday is set to add to the sterling glut, with deals from the Asian Development Bank, Bank Nederlandse Gemeenten and Swedish Export Credit Corporation.

    • 03 Jan 2019
  • Funding scorecard: Nordic agencies

    This week's scorecard looks at the progress Nordic agencies have made in their 2018 funding programmes as the end of the year approaches. Some of the agencies have also published their funding targets for 2019.

    • 04 Dec 2018
  • BondMarker: KfW tops week of strong trades

    KfW’s €5bn November 2023 was the standout performer in a week of trades — from Erste Abwicklungsanstalt, Oesterreichische Kontrollbank and Swedish Export Credit Corp — that BondMarker voters rated highly.

    • 12 Nov 2018
  • SEK USD1bn 3.125% Nov 21

    • 01 Nov 2018
  • Dollar market cools but issuers happy

    A quartet of public sector borrowers brought small dollar deals this week that were fine but unspectacular, which SSA bankers said was down to a confluence of factors. There are hopes that with the market likely quiet next week for the US mid-term elections and Federal Open Market Committee meeting, conditions could return to their best for the albeit limited funding windows left in 2018.

    • 01 Nov 2018

Dealer League Table SEK

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 627.51 4 16.08%
2 Morgan Stanley 528.95 2 13.55%
2 BNP Paribas 528.95 2 13.55%
4 HSBC 427.94 3 10.97%
5 NatWest Markets 354.20 2 9.08%

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%