Nordic Investment Bank in the news

  • NIB gets $500m at two years

    The Nordic Investment Bank became the second borrower this week to access the two year part of the curve, taking advantage of a widening in swap spreads.

    • 21 Mar 2018
  • NIB to follow KBN in twos

    The Nordic Investment Bank has announced that it will become the second borrower of the week to access the two year dollar market. The first, Kommunalbanken, scooped up $1.25bn on Tuesday.

    • 20 Mar 2018
  • Funding scorecard: supranationals

    This week's scorecard reveals how far progressed supranationals are in their 2018 funding plans as we hit the middle of February.

    • 16 Feb 2018
  • SSAs set long and short markers in delicious dollar mart

    Public sector borrowers this week set new landmarks in what has already been an exemplary year in dollars, as KfW sold the largest 10 year dollar benchmark in 2.5 years and the Nordic Investment Bank priced the tightest deal versus swaps of 2018 so far. SSA bankers are confident that conditions will hold at both ends of the curve — allowing the possibility of further long end supply and even lower short end spreads.

    • 25 Jan 2018
  • NIB USD1bn 2.25% Feb 21

    • 25 Jan 2018
  • SSA trio tap hot Swedish krona mart

    Demand for SRI bonds and favourable basis swaps are boosting the Swedish krona market for SSAs, despite concerns late last year that the Swedish central bank’s tightening monetary policy and the krona’s appreciation against the dollar could stifle issuance. The European Investment Bank, Nordic Investment Bank and African Development Bank all came at the long end of the krona curve this week.

    • 25 Jan 2018
  • KfW to test dollar 10s after SSAs clean up in threes

    Public sector borrowers wrapped up a trio of short end dollar trades on Tuesday, with the tightest issuer able to grind in pricing to the lowest level from an SSA this year and the higher yielding names finding ample demand despite ending up at similar spreads. SSA bankers are confident that the strong conditions will also ring true at the long end for KfW, which has mandated for its first 10 year dollar benchmark in nearly three years.

    • 23 Jan 2018
  • Three’s crowded: SSAs cram into short dated dollars

    Public sector borrowers are pouring into the three year part of the dollar curve after a series of issuers printed strong deals in the tenor last week.

    • 22 Jan 2018
  • Peso rally helps drive SSA issuance

    Strong moves in the Mexican peso and the peso/dollar basis swap have ignited investor demand for bonds in the currency from SSA issuers that can offer a pick-up over govvies.

    • 18 Jan 2018
  • SSAs print chunky deals in superlative sterling mart

    SSAs enjoyed a fine week in the sterling market, raising a total of nearly £2bn as bankers pointed to several factors that could be driving demand.

    • 11 Jan 2018
  • NIB aims for fives in busy start for sterling

    Nordic Investment Bank is looking to tap into what has been a bumper market for public sector sterling issuance in the early part of 2018, after hiring banks on Monday to run a December 2023 Reg S only benchmark.

    • 08 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
  • EIB taps South African rand twice in a week

    The European Investment Bank (EIB) tapped South African rand twice this week, amid rising yields in the currency. Elsewhere, the International Finance Corporation (IFC) and World Bank both sold three lots of offshore renminbi, and Nordic Investment Bank (NIB) returned to Hong Kong dollars.

    • 09 Nov 2017
  • Funding scorecard: supranationals

    This week's scorecard looks at the funding progress various supranationals have made in their programmes as the end of the year approaches.

    • 27 Oct 2017
  • Funding scorecard: supranationals

    This week's scorecard looks at the progress supranationals have made in their funding programmes this year.

    • 18 Sep 2017
  • NIB USD1bn 1.625% Nov 20

    • 14 Sep 2017
  • SSAs break records in hot dollar market but supply could cool

    Strong short end dollar demand led a host of issuers to print tight deals this week, including one debut. Investor appetite is expected to stay strong, but bankers are sceptical that there will be much supply.

    • 14 Sep 2017
  • NIB uses two-way CSA to tap niche currency demand

    Nordic Investment Bank is now using two-way credit support annexes for 85% of its outstanding swaps, allowing the supranational to take advantage of hot demand for emerging market currency MTNs.

    • 14 Sep 2017
  • Kommuninvest joins NIB and Finland in threes

    Kommuninvest is set to complete a trio of three year dollar benchmarks from SSAs this week, after Nordic Investment Bank comfortably priced in the tenor on Wednesday.

    • 13 Sep 2017
  • Dollar market flourishing as three launch trades, one mandates

    Three borrowers came to market for dollar paper on Tuesday and another hit screens announcing a transaction on Wednesday, as bankers reported strong conditions in the currency.

    • 12 Sep 2017

Dealer League Table Nordic Investment Bank

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Nomura 634.28 8 17.53%
2 Citi 593.42 6 16.40%
3 ANZ 422.60 2 11.68%
4 JPMorgan 356.01 2 9.84%
5 HSBC 300.13 4 8.29%

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Citi 9,037.14 14 11.41%
2 JPMorgan 8,815.28 11 11.13%
3 Barclays 8,460.40 10 10.68%
4 NatWest Markets 5,400.28 4 6.82%
5 HSBC 5,128.43 7 6.48%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 18,268.02 38 12.48%
2 HSBC 15,111.64 30 10.32%
3 JPMorgan 13,565.35 31 9.26%
4 Bank of America Merrill Lynch 12,723.67 33 8.69%
5 Goldman Sachs 10,166.52 20 6.94%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Barclays 15,669.11 22 8.90%
2 JPMorgan 14,458.19 24 8.21%
3 Citi 12,722.25 33 7.22%
4 HSBC 11,675.81 35 6.63%
5 Credit Agricole CIB 10,963.98 21 6.22%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 NatWest Markets 633.15 2 17.39%
2 Natixis 419.87 2 11.53%
3 Commerzbank Group 383.20 1 10.52%
3 Barclays 383.20 1 10.52%
5 RBC Capital Markets 378.44 2 10.39%