NWB in the news

  • Funding scorecard: European supranationals and agencies

    This week's funding scorecard looks at the progress of Europe's supranationals and agencies at the start of the fourth quarter.

    • 05 Oct 2020
  • IFC brings new five year to quiet Kauri market

    International Finance Corp sold the first Kauri bond in more than two months on Thursday, while in the Kangaroo market a pair of European agencies tapped a pocket of demand further down the curve.

    • 27 Aug 2020
  • Land NRW and NWB kick open euro long end with small NIPs

    The State of North Rhine-Westphalia and Nederlandse Waterschapsbank rebooted the long of the euro SSA curve on Wednesday with well subscribed deals and minimal new issue premiums.

    • 26 Aug 2020
  • Land NRW and NWB to test post-summer waters at euro long end

    The State of North Rhine-Westphalia and Nederlandse Waterschapsbank will be the first two public sector borrowers to test investors’ appetite for euro deals in the long end of the curve following the summer break.

    • 25 Aug 2020
  • Attractive Oz open through summer

    While bankers in the Northern hemisphere plan well-deserved summer breaks, the Australian and New Zealand dollar markets are set to remain open for business, with some competitive pricing on offer.

    • 21 Jul 2020
  • Funding scorecard: European supranationals and agencies

    This week's funding scorecard looks at the progress of Europe's supranationals and agencies towards the end of June.

    • 22 Jun 2020
  • MuniFin returns to Kauris after seven years

    Finland’s Municipality Finance returned to the domestic New Zealand dollar bond market on Friday after a long absence, to raise its largest Kauri bond since 2008.

    • 12 Jun 2020
  • Dollars keeps centre stage in SSA primary

    Dollars was the favoured currency for public sector borrowers for the second week running this week, giving attractive funding conditions for euro borrowers amid strong investor demand, particularly in the 10 year part of the curve.

    • 21 May 2020
  • Belgium returns to dollars as AIIB and NWB ready SRI bonds

    Belgium took advantage of more attractive funding conditions in dollars versus euros and strong demand at the 10 year point of the curve to sell its first dollar bond since 2017 on Tuesday. SSA supply in dollars will continue on Wednesday with the Asian Infrastructure Investment Bank and Nederlandse Waterschapsbank bringing socially responsible deals.

    • 19 May 2020
  • NWB €2bn 0% Apr 23

    • 09 Apr 2020
  • Funding scorecard: European supranationals and agencies

    This week's funding scorecard looks at the progress of Europe's supranationals and agencies in early April.

    • 09 Apr 2020
  • Funding scorecard: European supranationals and agencies

    This week's funding scorecard looks at the progress of Europe's supranationals and agencies at the start of March.

    • 06 Mar 2020
  • SSA secondary pricing update: Big fat Greek rally

    Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark and bid-yields from the close of business on Monday, February 3. The source for secondary trading levels is ICE Data Services.

    • 04 Feb 2020
  • NWB EUR1bn 0.05% Jan 30

    • 23 Jan 2020
  • NWB and Brandenburg take spotlight in euros as ADB lines up

    Nederlandse Waterschapsbank and the State of Brandenburg took advantage of a lack of euro SSA supply this week to bring well subscribed deals on Tuesday. The Asian Development Bank will be looking to follow with a 10 year euro benchmark on Wednesday.

    • 21 Jan 2020
  • Supras and agencies notch big wins despite unrest

    The public sector debt market has had a superb start to 2020, breaking records right and left in defiance of geopolitical tensions that, in previous years, would have scuppered the market as it left the dock, writes Lewis McLellan.

    • 09 Jan 2020
  • Mixed fortunes for SSAs in euros

    Two SSA borrowers tapped the seven year part of the euro curve this week, but came away with different results. Luxembourg received an oversubscribed book for its deal on Wednesday, while Nederlandse Waterschapsbank (NWB Bank) had to price without fully placing its €1bn trade.

    • 07 Nov 2019
  • NWB wrongfooted by Bund move

    A move in the Bund curve left the market too volatile for Nederlandse Waterschapsbank (NWB) to fully place its seven year euro benchmark on Thursday.

    • 07 Nov 2019
  • What’s wrong with good old green?

    Running in parallel with the rapid growth of the green bond market have been the numerous labels for these bonds. But the abundance of green labels risks confusing investors and diluting an important vehicle to finance projects to clean up the planet.

    • 15 Oct 2019
  • NWB EUR500m 0% Oct 34 water bond

    • 26 Sep 2019

Dealer League Table NWB

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 BofA Securities 1.06 4 9.99%
2 NatWest Markets 0.93 2 8.78%
3 BMO Capital Markets 0.88 2 8.28%
4 HSBC 0.80 2 7.59%
5 Danske Bank 0.72 3 6.84%

European Sovereign Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 38.84 54 9.95%
2 BNP Paribas 33.77 38 8.65%
3 Citi 29.08 41 7.45%
4 BofA Securities 24.86 61 6.37%
5 Barclays 23.07 39 5.91%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Citi 51.31 118 11.65%
2 JPMorgan 39.25 85 8.91%
3 HSBC 32.24 89 7.32%
4 Goldman Sachs 31.65 55 7.19%
5 BofA Securities 30.95 75 7.03%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 63.08 139 8.90%
2 BNP Paribas 55.58 101 7.85%
3 UniCredit 46.75 113 6.60%
4 HSBC 45.25 133 6.39%
5 Credit Agricole CIB 43.66 101 6.16%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 124.42 345 7.56%
2 Citi 108.24 237 6.58%
3 HSBC 94.83 294 5.76%
4 BofA Securities 84.25 229 5.12%
5 Deutsche Bank 75.31 201 4.58%