Latest sovereign news

  • RepoClear raises margin on Italian govvies following BTP volatility

    LCH RepoClear has raised its margin on several Italian government debt securities, but the market reaction has so far been muted, according to analysts.

    • 03:00 PM
  • Investors should prepare for inflation awakening, says Pimco

    The buy-side might not be as adequately protected as it thinks regarding inflation risk, according to Pimco, which suggested adding more inflation-defending assets to portfolios.

    • 11:45 AM
  • South Korea mandates banks for sovereign bond

    The Republic of Korea has named five banks to lead its upcoming bond issuance.

    • 10:15 AM
  • Angola brings first CEEMEA dollars for over a month

    The Republic of Angola has tapped the $1.25bn 9.375% 2048s it sold in May for a further $500m, marking the first dollar bond printed in the CEEMEA market for over a month. The deal was anchored by reverse enquiry.

    • 17 Jul 2018
  • BondMarker: the best deals of Q2

    A sovereign deal was the standout trade for BondMarker voters in the second quarter of the year, gaining a near perfect average score that was the only 9.0 plus deal of the period.

    • 12 Jul 2018
  • Buy-side positive on Italy as auction well subscribed

    Investors are upbeat about the prospects for Italian government bonds, believing that “market forces” will act as buffers to the effects of exuberant populist government policy. The sovereign had an auction of medium to long term debt this week that was well supported.

    • 12 Jul 2018
  • Portugal’s Panda ‘being finalised’, green a possibility

    Portugal’s planned Panda bond is “being finalised” and the sovereign is “looking closely” at the green bond market, according to the country’s minister of finance.

    • 12 Jul 2018
  • UK gets big bid as trade war threats help havens

    The UK Debt Management Office breezed through another syndication on Wednesday, although bankers said that the darkening cloud of global trade wars likely led some investors to seek shelter in the safe-haven asset.

    • 11 Jul 2018
  • Bond buyers optimistic on Italy, playing short on core

    Investors are upbeat about the prospects for Italian government bonds, believing that “market forces” will act as buffers to the effects of exuberant populist government policy. The sovereign should be supported at the long end during an auction this week, said some But in the core of the eurozone core, some investors are looking to keep things short.

    • 11 Jul 2018
  • Updated: South Korea to mandate banks next week for sovereign bond

    The Republic of Korea has sent out a request for proposals for a new bond issue, and is expected to select the bookrunning banks by next Tuesday.

    • 11 Jul 2018
  • New Russian sovereign bonds would fly

    The news that Russia intends to plough ahead with its plans for funding in the international capital markets was greeted with some initial disbelief. At first glance, the international environment does not look good for a Russia return. But look again, and there is little reason to believe that demand for a Russian sovereign new issue would be anything but enthusiastic.

    • 10 Jul 2018

Sovereign news archive

more bond comments

Capital markets data from GlobalCapital

Go to GlobalCapital's SSA data pages for the latest information on priced deals, borrower funding progress, league tables and upcoming deals. 

European Sovereign Bonds

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 Barclays 13,577.78 16 10.55%
2 Citi 12,045.36 19 9.36%
3 JPMorgan 11,945.26 17 9.28%
4 HSBC 10,316.86 14 8.01%
5 NatWest Markets 8,487.83 7 6.59%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 29,150.83 75 11.95%
2 HSBC 22,658.54 50 9.29%
3 JPMorgan 21,895.64 54 8.98%
4 Deutsche Bank 19,242.86 28 7.89%
5 Bank of America Merrill Lynch 18,058.50 54 7.40%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 26,932.95 62 8.25%
2 Barclays 24,851.88 42 7.61%
3 HSBC 23,409.02 79 7.17%
4 UniCredit 23,038.67 57 7.06%
5 BNP Paribas 21,471.54 40 6.58%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 57,446.57 306 7.16%
2 Citi 55,651.25 194 6.94%
3 HSBC 55,446.70 198 6.91%
4 Barclays 45,831.83 154 5.71%
5 Deutsche Bank 42,500.76 118 5.30%