Latest sovereign news

  • Greek govvie rally spurs ‘ideal window’ for issue

    Greek government bond yields rallied to near record levels this week after it emerged that a deal was imminent for Greece to repay a portion of its outstanding loans to the International Monetary Fund. Burhan Khadbai reports.

    • 17 Apr 2019
  • MUFG relocates all European DCM and sales to Paris

    MUFG has relocated 21 staff to Paris, including all its European DCM origination bankers, all its sales people who cover European investors and an MTN banker.

    • 17 Apr 2019
  • Possible ECB tiering of rates sends jitters through market

    The European Central Bank has indicated that it is looking into how to mitigate the direct costs that years of negative rates have put on banks, and analysts are growing concerned that a tiered interest rate system might be put in place.

    • 17 Apr 2019
  • Chinese bonds one step closer to WGBI inclusion

    FTSE Russell is reviewing China for a potential upgrade under its framework for index eligibility, opening the door for onshore bonds’ inclusion in the FTSE World Government Bond Index (WGBI).

    • 17 Apr 2019
  • Turkey should solve its problems without the IMF

    The calls have started to emerge for Turkey to turn to the IMF. Turkish president Recep Tayyip Erdoğan has always been dead set against the idea — and perhaps that’s for the best.

    • 17 Apr 2019
  • Turkey’s recession may be over, but political struggles are biting

    Turkey is butting heads with Nato over the purchase of a Russian missile system, with the diplomatic tensions weighing on the nation’s currency and asset prices. This is despite the improving economic data offering signs that the country may be leaving recession.

    • 16 Apr 2019
  • Greece eyeing summer bond to fund early IMF repayment

    Greece is rumoured to be planning a return to the bond market in the summer to fund an early repayment of its loans to the International Monetary Fund.

    • 15 Apr 2019
  • Turkish reforms disappoint, but loans unfazed

    Turkey’s finance minister, Berat Albayrak, announced an economic reform programme on Wednesday that left bond investors underwhelmed by promises of TL28bn ($4.88bn) of capital support for Turkey’s state banks. However, the loans refinancing season is progressing undeterred.

    • 11 Apr 2019
  • IMF warns on risks to corporate sector debt

    The creditworthiness of corporate borrowers in advanced economies has deteriorated while the volume of debt and financial risk taking has risen, the International Monetary Fund has warned. It also flagged up concerns about the sovereign-bank nexus in the eurozone and about market conditions for low income and frontier countries.

    • 11 Apr 2019
  • People moves in brief

    Diamond hires ex-colleague at Atlas — Salorio leaves DCM head vacancy at Soc Gen — Forese to retire from Citi

    • 11 Apr 2019
  • SocGen promotes Salorio to UK global finance head

    Société Générale has appointed Demetrio Salorio, its global head of debt capital markets, as UK head of global finance, replacing Alvaro Huete.

    • 11 Apr 2019

Sovereign news archive

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,145.26 17 13.20%
2 Citi 9,541.01 14 9.58%
3 HSBC 8,956.42 10 8.99%
4 BNP Paribas 7,456.75 9 7.49%
5 SG Corporate & Investment Banking 7,166.56 9 7.19%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 16,139.62 36 11.33%
2 JPMorgan 14,079.05 31 9.88%
3 Barclays 10,277.94 21 7.21%
4 HSBC 9,651.51 20 6.78%
5 Deutsche Bank 9,608.67 21 6.75%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 24,013.12 43 10.22%
2 HSBC 17,211.08 44 7.33%
3 BNP Paribas 16,950.33 29 7.22%
4 Credit Agricole CIB 16,768.27 33 7.14%
5 Barclays 15,192.79 29 6.47%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 41,493.22 161 8.13%
2 HSBC 33,808.37 117 6.63%
3 Citi 31,911.03 89 6.26%
4 Barclays 30,500.85 91 5.98%
5 Deutsche Bank 25,450.03 69 4.99%