AfDB in the news

  • Funding scorecard: supranationals

    This week's funding scorecard looks at the progress supranationals have made in their funding programmes in mid-October.

    • 16 Oct 2020
  • Covid-19: SSA response bonds

    Sovereign, supranational and agency bond issuers are mobilising their resources to support the fight against Covid-19. The below table details the bonds they have issued, specifically in response to the coronavirus pandemic.

    • 22 Sep 2020
  • Funding scorecard: supranationals

    This week's funding scorecard looks at the progress supranationals have made in their funding programmes at the beginning of September.

    • 04 Sep 2020
  • Funding scorecard: supranationals

    This week's funding scorecard looks at the progress supranationals have made in their funding programmes at the start of July.

    • 08 Jul 2020
  • Newmarket begins fresh quest for impact in securitization

    Securitization is the most mathematical of debt markets, and synthetic securitization its most abstract department. But in a niche within that niche is a small investment firm, for which the market is all about ideas and people. Jon Hay reports.

    • 18 Jun 2020
  • Funding scorecard: supranationals

    This week's funding scorecard looks at the progress supranationals have made in their funding programmes as we reach the end of May and enter June.

    • 01 Jun 2020
  • Supranationals taps niche currencies for Covid-19 response

    Social bonds are proving to be a key part of SSAs fight against the coronavirus, with $10.6bn equivalent printed since the start of the pandemic. Having already tapped core currency markets last month, this week a pair of supranationals turned towards niche currencies to fund their response to the pandemic. With demand for the social format high, both bankers and funding officials are hopeful the new investor interest will stick around after the pandemic passes.

    • 08 Apr 2020
  • Nigeria seeks $7bn from MDBs in bid to combat Covid-19

    Nigeria, Africa's largest economy, is the latest emerging market to approach international financing institutions for help to deal with Covid-19.

    • 07 Apr 2020
  • SSA secondary pricing update: Euro deals outperform dollars

    Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark and bid-yields from the close of business on Monday, March 30. The source for secondary trading levels is ICE Data Services.

    • 31 Mar 2020
  • AfDB breaks social bond record with coronavirus response deal

    Investors flocked to African Development Bank’s Fight Covid-19 social bond on Thursday, allowing the supranational to print its own largest ever dollar deal, and its largest ever social bond.

    • 27 Mar 2020
  • AfDB USD3bn 0.75% Apr 23 Fight Covid-19 bond

    • 27 Mar 2020
  • SSAs pile into bond market to fight Covid-19

    Public sector borrowers returned en masse to the primary bond market this week, with many selling new issues with an explicit focus on providing emergency financing in response to the coronavirus outbreak.

    • 26 Mar 2020
  • IADB to follow AfDB with Covid-19 response bond

    The Inter-American Development Bank on Thursday started marketing a five year sustainable development bond in Global format as it looks to become third SSA borrower to jump into the dollar market this week. But SSA issuers that fund in euros will unlikely be able to mirror join the party.

    • 26 Mar 2020
  • Austria and AfDB to bring bonds to fight Covid-19

    The Republic of Austria and the African Development Bank announced new bond transactions on Wednesday which will be used to provide emergency financing in response to the coronavirus outbreak.

    • 25 Mar 2020
  • Funding scorecard: supranationals

    This week’s funding scorecard looks at the progress supranationals have made in their funding programmes during a first quarter wracked by volatility.

    • 20 Mar 2020
  • Funding scorecard: supranationals

    This week's funding scorecard looks at the progress supranationals have made in their funding programmes at the beginning of December, with some issuers also setting their funding targets for 2020.

    • 03 Dec 2019
  • Cocobod to raise third syndicated loan of 2019

    Ghanaian cocoa agency, Ghana Cocoa Board (Cocobod), will raise a $600m loan from supranational and international lenders. The deal is Cocobod's third syndicated loan this year.

    • 12 Nov 2019
  • AfDB’s landmark capital increase to ‘at least double’ its funding programme

    The African Development Bank will massively increase the size of its funding programme in the coming years, after approving the largest capital increase in its history.

    • 01 Nov 2019
  • AfDB revisits Nokkie social bond, eyes dollar social debut

    The African Development Bank returned to its inaugural Norwegian krone social bond to increase the trade to Nkr1bn ($109.4m) this week, as it looks to move its social bond framework into other currencies, including dollars.

    • 24 Oct 2019
  • Funding scorecard: supranationals

    This week's funding scorecard looks at the progress supranationals have made in their funding programmes at the middle of October.

    • 18 Oct 2019

Dealer League Table AfDB

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 1.60 5 17.42%
2 Natixis 1.13 4 12.36%
3 BofA Securities 1.10 3 12.01%
4 JPMorgan 0.97 4 10.60%
5 Credit Agricole CIB 0.97 3 10.55%

European Sovereign Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 42.49 60 10.43%
2 BNP Paribas 35.95 41 8.82%
3 Citi 29.08 41 7.14%
4 BofA Securities 25.35 63 6.22%
5 Barclays 23.24 40 5.70%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Citi 55.92 134 11.35%
2 JPMorgan 45.45 101 9.22%
3 Goldman Sachs 34.36 58 6.97%
4 HSBC 33.83 97 6.87%
5 BofA Securities 32.03 79 6.50%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 71.58 162 8.62%
2 BNP Paribas 69.32 125 8.35%
3 UniCredit 58.53 136 7.05%
4 Credit Agricole CIB 52.34 118 6.30%
5 HSBC 49.97 158 6.02%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 139.95 397 7.54%
2 Citi 115.80 267 6.24%
3 HSBC 102.19 335 5.50%
4 BofA Securities 92.97 249 5.01%
5 BNP Paribas 89.88 195 4.84%