Covered Bond Awards 2024: shortlist revealed

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Covered Bond Awards 2024: shortlist revealed

Covered Bond Awards 2024 shortlist live

The winning deals, banks, issuers and other market participants will be revealed at a gala dinner in Porto on September 12

GlobalCapital is delighted to announce the nominees and to open voting in this year’s Covered Bond Awards.

Many thanks to those who helped to determine the shortlists by taking part in the market consultation, which took place in May. Market participants were invited to share their recommendations of the deals, borrowers, investment banks and people that stood out during the period that these awards cover. Based on this feedback, shortlists were drawn up in each category. As ever, this was a competitive process and our congratulations go to all of this year’s nominees.

These shortlists are now open to a market vote to choose the winners. Those active in the covered bond market are invited to have their say on the leading names in each category.

The poll will be open until midnight BST on July 5, 2024.

The GlobalCapital Covered Bond Awards celebrate the most notable market achievements in the period between August 1, 2023 and May 31, 2024.

Voting will be close on July 5, 2024.

You can find the full shortlist below.

Please read the following instructions carefully to ensure that your votes are counted accurately.

The Rules

  • One vote per institution.

  • The asset management, treasury and investment banking divisions within the same group can vote respectively as investor, issuer and lead manager, provided they meet the eligibility requirements listed below.

  • Banks within a single network will be considered a single institution.

  • Block voting, for one institution across all categories it has been nominated for, is not permitted.

  • Voting for your own institution is not permitted.

  • The first vote from an institution is the one that will be counted, unless we are told otherwise.

Who can vote?

  • Anyone active in the covered bond market is invited to vote.

  • Lead managers must have syndicated at least one publicly distributed benchmark covered bond between August 2023 and May 2024.

  • Issuers will have launched at least one publicly placed transaction of €250m or more in the past 18 months.

  • Investors will have bought covered bonds between August 2023 to May 2024, with the more active getting a larger weighting.

The winners of the awards will be announced at a gala dinner at the Renaissance Lapa on September 12, following the ECBC Covered Bond conference in Porto.

If you have any questions about the awards or research process, please contact Sophie Astles

For more information on attending the ceremony, please contact Katherine Tapper

Shortlists

shortlist
  • Deal Awards

    Deal of the Year
    • BPER Banca €500m 3.25% January 2031
    • Caffil €500m 3.125% May 2039
    • Nordea €750m January 2027 floater and €1bn 3% January 2031
    • Société Générale SFH €1.25bn 3% February 2027 and €1bn 3.125% February 2036
    • Toronto Dominion €2bn February 2027 floater, €2.5bn 3.191% February 2029 and €1bn 3.247% February 2034
    Best Pioneering Deal
    (This Award is for using diverse or new funding products and techniques, structures, call schedules, investor relations work, ESG activities, etc)

    • Hamburg Commercial Bank €500m 3.625% January 2026 ship
    • Novo Banco €500m 3.25% March 2027
    • Santander €500m 3.125% May 2029 export finance Cédulas
    • Toronto Dominion €750m September 2026 floater, €1.5bn 3.765% September 2026 and €1bn 3.666% September 2031
    • UBS Sfr150m 1.5075% May 2029 digital
    Best ESG Deal
    • Bausparkasse Schwaebisch Hall €500m 2.875% January 2029 green
    • Berlin Hyp €500m 2.75% February 2027 green
    • BPCE €1.5bn 3.125% May 2034 green
    • Equitable Bank €500m 3.5% May 2027 social
    • Korea Housing Finance Corporation €500m 3.124% March 2029 social
    Best Debut or Returning Deal
    • Banca Monte Dei Paschi di Siena €750m 3.5% April 2029
    • Bausparkasse Schwaebisch Hall €500m 2.875% January 2029 green debut
    • Novo Banco €500m 3.25% March 2027
    • TSB Bank €500m 3.319% March 2029
    • UBS Switzerland €1bn 3.304% March 2029
    Best Swiss franc Deal
    • Fédération des caisses Desjardins du Québec (CCDJ) Sfr265m 1.355% April 2027 and Sfr175m 1.42% April 2030
    • Korea Housing Finance Corporation Sfr200m 1.778% February 2027 and Sfr150m 1.845% February 2030
    • Lloyds Bank Sfr440m 1.87% August 2028
    • UBS Switzerland Sfr350m 1.82% October 2026 and Sfr470m 2.035% October 2033
    Best Sterling Deal
    • ANZ £1bn December 2026
    • Barclays £500m March 2029
    • DBS Bank £1bn May 2027
    • NatWest Bank £750m March 2029
    • Nationwide Building Society £750m October 2030
    Best Dollar Deal
    • Commonwealth Bank of Australia $1.75bn 5.071% September 2028
    • Deutsche Pfandbriefbank $550m 5.25% December 2026
    • LBBW $600m 4.875% February 2028
    • Nationwide Building Society $1.5bn 5.264% November 2026
    • RBC $2bn 4.851% December 2026
    Best Euro Deal
    • Caffil €500m 3.125% May 2039
    • CRH €1.75bn 2.875% March 2031
    • Nationwide Building Society €500m May 2027 floater and €500m 3.309% May 2034
    • Toronto Dominion €2bn February 2027 floater, €2.5bn 3.191% February 2029 and €1bn 3.247% February 2034
    • Rabobank €1bn 3.202% May 2036
  • Issuer Awards

    Issuer of the Year
    BPCE
    Caffil
    Crédit Agricole
    Nationwide Building Society
    Toronto Dominion
    Best ESG Issuer
    Berlin Hyp
    BPCE
    Caffil
    Equitable
    Korea Housing Finance Corporation
    Best Eurozone Issuer
    BPCE
    Caffil
    CRH
    LBBW
    Rabobank
    Best non-Eurozone Issuer
    Fédération des caisses Desjardins du Québec (CCDJ)
    DBS Bank
    Nationwide Building Society
    Santander UK
    Toronto Dominion
  • Lead Manager Awards

    Covered Bond House of the Year
    Crédit Agricole
    ING
    LBBW
    Natixis
    UniCredit
    Best Euro Lead Manager
    Commerzbank
    Crédit Agricole
    LBBW
    Natixis
    UniCredit
    Best Dollar Lead Manager
    BMO Capital Markets
    RBC Capital Markets
    TD Securities
    Best Sterling Lead Manager
    Barclays
    BMO Capital Markets
    HSBC
    Lloyds
    NatWest Markets
    Best Syndicate Bank
    BNP Paribas
    Crédit Agricole
    Erste
    Natixis
    UniCredit
    Best Covered Bond Research
    Barclays
    Commerzbank
    Crédit Agricole
    Best Liquidity Provider
    ING
    JP Morgan
    Santander
    Best Bank for Distribution
    Barclays
    DZ Bank
    Erste
    Helaba
    LBBW
    Best Bank for Structuring & ALM
    Barclays
    BNP Paribas
    HSBC
    NatWest Markets
    UBS
    Best Bank for Using Technology in Primary Bond Markets
    BNP Paribas
    Société Générale
    UBS
    Best Bank for ESG Issuers
    Crédit Agricole
    HSBC
    ING
    Natixis
    NatWest Markets
    Best Bank for Inaugural Issuers
    Barclays
    BNP Paribas
    Erste
    Helaba
    LBBW
  • Platform Service Providers

    Investor of the Year
    BNY Mellon Corporate Treasury
    Commerzbank Treasury
    Nordea IM
    Norges
    Union Invest
    Best Rating Agency
    Fitch Ratings
    Moody’s Ratings
    S&P Global
    Best Second Party Opinion Provider
    ISS ESG
    Sustainalytics
    Best Law Firm
    A&O Shearman
    Clifford Chance
    Linklaters
    White & Case
    Best Electronic Trading Platform for Covered Bonds
    Bloomberg
    MarketAxess
    Tradeweb
    Best Corporate Trust Providers
    BNP Paribas Securities Services
    Deutsche Bank Trust and Agency Service
    HSBC Issuer Services
    BNY Mellon Corporate Trustee Services Limited
  • Individual Awards

    Best Syndicate Banker
    Mladen Djurdjevic, Erste
    Vincent Hoarau, Crédit Agricole
    Ken Loesken, ING
    Damian Saunders, BNP Paribas
    Alex Trulli, Natixis
    Alberto Villa, UniCredit
    Best Funding Official
    Cameron Joynt, Toronto Dominion
    Petra Mellor, Nordea
    Marc Nocart, CRH
    Cedric Perrier, BPCE
    Thor Tellefsen, DNB
    Covered Bonds Rising Star
    (for any participant in the covered bond markets with less than 10 years’ experience)

    Maxim Börsig, Erste Group
    Florian Gritzky, Erste Group
    Mathilde Lopez, Natixis
    Maria Kasatkina, Berlin Hyp
    Tara Parmar, Nationwide Building Society
    Anthony Patureau, ING
    Suraj Sheth, Barclays
    Lifetime Achievement Award
    We welcome informal recommendations in this category, but the winner will be chosen by GlobalCapital. If you wish to make a nomination, please contact Sophie Astles

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