Latest sovereign news

  • UK picks next syndication

    The UK Debt Management Office has selected the bond to be issued at the second syndication of its 2017-18 financial year, picking a bond at the long end of its target range.

    • 26 Jun 2017
  • Spain and KfW mandate as big borrowers return

    The euro market for public sector borrowers looks set to kick back into action after a quiet last week, with a pair of big borrowers mandating for trades to come on Tuesday.

    • 26 Jun 2017
  • Ireland goes private to raise €200m in 50 year area

    Ireland has printed just shy of the 50 year part of the euro curve using a pair of private placements, a market it has used with increasing frequency over the last year.

    • 26 Jun 2017
  • Investors hold firm as Moz debt report finds $500m of loans unaccounted for

    Mozambique's debt saga reached an important milestone on Saturday with the publication of an independent audit of the country’s debt by risk assessment firm, Kroll. While the findings, which included $500m of unaccounted for funds, may have disappointed investors, the country’s tightly held Eurobonds were unmoved on Monday.

    • 26 Jun 2017
  • Green market doesn't need govvies

    Market participants are clamouring for sovereigns to join France and enter the green bond market. It would likely help the market, but would it help the environment?

    • 22 Jun 2017
  • Sovereigns deaf to clamour for green bonds

    Calls are growing louder for sovereigns to pull their weight and assume a leading role in the development of the green bond market. But, as was demonstrated at panels in Euromoney’s Global Borrowers & Bond Investors Forum this week, many of them are reluctant to take up the SRI baton, write Lewis McLellan and Sharon Kimathi.

    • 22 Jun 2017
  • Cyprus and State of NRW steal the show in euros

    Though this week was expected to be something of a write-off for SSA issuance, thanks to Euromoney’s Global Borrowers & Bond Investors forum, a pair of issuers pulled off well-received transactions.

    • 22 Jun 2017
  • Belarus defies doubters with dollar return

    Recession and lingering sanctions concerns failed to prevent Belarus hammering down on price on its return to the dollar bond market after a six year absence.

    • 22 Jun 2017
  • Nigeria prints first diaspora bond but sells off

    Nigeria’s debut diaspora dollar bond sold off sharply in secondary trading as the decline in oil prices weighed on investor sentiment.

    • 22 Jun 2017
  • Falling oil, sanctions fail to blight Russia bond market return

    Falling oil prices and the imposition of new US sanctions failed to dampen investor demand for Russia’s Eurobond return on Tuesday.

    • 22 Jun 2017

Sovereign news archive

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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
  • 13 Jun 2017
1 BNP Paribas 12,133.14 16 4.41%
2 Barclays 11,436.59 16 4.16%
3 Citi 11,407.60 13 4.15%
4 HSBC 10,809.87 15 3.93%
5 UniCredit 9,914.96 13 3.61%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 32,373.39 78 12.34%
2 JPMorgan 29,139.47 75 11.11%
3 HSBC 20,134.24 49 7.68%
4 Bank of America Merrill Lynch 18,488.76 58 7.05%
5 Deutsche Bank 18,042.83 39 6.88%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 20 Jun 2017
1 BNP Paribas 24,517.73 45 3.85%
2 JPMorgan 24,215.01 63 3.80%
3 UniCredit 24,061.01 62 3.78%
4 HSBC 23,780.64 71 3.73%
5 Barclays 22,961.67 55 3.60%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 12 Jun 2017
1 JPMorgan 57,598.36 286 3.94%
2 Citi 52,375.29 185 3.58%
3 HSBC 47,349.68 167 3.24%
4 Barclays 43,712.92 125 2.99%
5 Deutsche Bank 39,612.00 149 2.71%