Latest sovereign news

  • S&P takes Brazil off the naughty step

    Standard & Poor’s has removed the immediate threat of a sovereign downgrade for Brazil after saying that the political landscape is “somewhat more settled” than it was in May.

    • 17 Aug 2017
  • Fed split on wind down, flags multifamily risk

    Members of the Federal Open Market Committee (FOMC) in July were divided on when to start winding down the Federal Reserve’s balance sheet, according to meeting minutes, with some members also warning on price appreciation in the multifamily real estate market.

    • 16 Aug 2017
  • Jamaica notches bond blow-out but low tender take-up

    Jamaica found plenty of demand for its annual bond issue on Tuesday, notching new issue concessions more usually achieved by higher rated credits.

    • 16 Aug 2017
  • Germany’s PSPP challenge: of secondary importance

    Germany’s constitutional court has referred several questions to the European Court of Justice over whether the Public Sector Purchase Programme (PSPP) is compatible with European Union rules prohibiting monetary financing by central banks. As was proved with Germany’s challenge of the European Central Bank’s Outright Monetary Transactions (OMT), there is again likely to be little effect from the move — and in any case, Germany’s judiciary should learn that at times of crisis, central banks should be left to wave their magic wands.

    • 15 Aug 2017
  • Jamaica set to price twin taps

    Jamaica has announced initial price thoughts on taps of its existing 6.75% 2028s and 7.875% 2045s as it looks to raise new cash to buy back existing bonds.

    • 15 Aug 2017
  • Pan-Baltic covered bond law in the works

    The finance ministries of Lithuania, Latvia and Estonia are joining forces under the auspices of the European Commission (EC) to develop pan-Baltic covered bond and securitization legal frameworks.

    • 14 Aug 2017
  • Cash-strapped Angola prepares ground for Eurobond return

    Angola’s ministry of finance has been given approval to issue up to $2bn of Eurobonds this year though concerns about the country’s rising debt servicing costs led S&P to downgrade it to B- on Friday.

    • 14 Aug 2017
  • ECB short of room to manoeuvre, say investors

    September is fast approaching, bringing with it one of the most hotly anticipated European Central Bank (ECB) meetings ever, but the central bank will do its utmost to avoid causing drama, say investors.

    • 10 Aug 2017
  • Cerro del Aguila draws crowd for dollars

    Peruvian power generator Cerro del Aguila attracted more than $3bn of orders for its inaugural Eurobond on Wednesday.

    • 10 Aug 2017
  • Jamaica launches cash buy-back ahead of potential dollar return

    Jamaica could return to the dollar market as early as next week following the launch of a cash tender offer for four of the borrower’s outstanding bonds.

    • 10 Aug 2017

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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 Citi 15,385.63 18 9.46%
2 HSBC 13,772.74 20 8.47%
3 Barclays 12,759.91 17 7.84%
4 BNP Paribas 12,627.67 17 7.76%
5 UniCredit 10,414.96 14 6.40%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 35,935.40 91 12.05%
2 JPMorgan 32,405.66 89 10.86%
3 Bank of America Merrill Lynch 23,275.56 73 7.80%
4 HSBC 23,085.62 57 7.74%
5 Deutsche Bank 20,925.41 48 7.01%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 28,279.55 84 7.61%
2 HSBC 27,234.93 81 7.33%
3 BNP Paribas 26,644.13 51 7.17%
4 JPMorgan 25,780.28 74 6.94%
5 Goldman Sachs 25,705.53 67 6.92%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 68,146.64 237 7.47%
2 JPMorgan 67,044.81 393 7.35%
3 HSBC 58,695.84 218 6.44%
4 Bank of America Merrill Lynch 49,828.14 157 5.47%
5 Barclays 49,497.84 151 5.43%