GlobalCapital Bond Awards 2024: winners revealed!

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GlobalCapital Bond Awards 2024: winners revealed!

Bond Awards 2024

The best banks, issuers, individuals and other market participants were awarded at GlobalCapital's flagship industry dinner in London

GlobalCapital was pleased to gather the global bond market together on Wednesday evening to celebrate the winners of its annual Bond Awards.

The mood was upbeat, as players from across the supranational, sovereign and agency, financial institutions, corporate and emerging market bond markets came together to catch up with old friends, connect with new faces and congratulate the winners over dinner, drinks and music. A record number of participants from all corners came to the dinner.

Now in their 17th year, the GlobalCapital Bond Awards are the only awards dedicated to issuers, investment banks, investors, rating agencies, law firms and advisers in the international bond markets. They recognise performance between April 1 2023 and March 31 2024.

Uniquely, the nominees and winners are decided by the industry itself, through a survey that took place in March and April. This means that the winners reflect those that are considered by their clients and counterparts to be the very best.

The exception to the polled categories are the Lifetime Achievement awards, which are selected by the GlobalCapital editorial team. This year, the accolades were presented to Bertrand de Mazières, Judit Orel and Sir Robert Stheeman. De Mazières retired from the European Investment Bank at the end of 2023, ending a long and high profile career in public finance. Orel also retired last year, having spent almost 25 years as head of capital markets for AKK, Hungary's debt management office. Stheeman is the outgoing CEO of the UK Debt Management Office, and has been responsible for pioneering its reputation as a leading issuer in the global bond market over the past 20 years.

Congratulations to all our winners and nominees, and huge thanks to all those who took the time to vote in the poll. The full list of winners and nominees is below. Click here to download a PDF of the winners.

The Winners

Lifetime Achievement Awards

Bertrand de Mazières — European Investment Bank

Judit Orel — Hungary

Sir Robert Stheeman — UK DMO

SSA

winners
  • Borrower Awards

    Overall Most Impressive SSA Funding Team
    Winner: KfW

    European Investment Bank
    European Union
    World Bank
    Most Innovative SSA Issuer
    Winner: African Development Bank

    European Investment Bank
    World Bank
    Most Impressive SSA Issuer across Multiple Markets
    Winner: World Bank

    Asian Development Bank
    European Investment Bank
    KfW
    Most Impressive SSA Issuer at Using New Bond Market Technology
    Winner: European Investment Bank

    KfW
    World Bank
    Most Impressive SSA Issuer in Dollars
    Winner: European Investment Bank

    KfW
    World Bank
    Most Impressive SSA Issuer in Euros
    Winner: European Union

    European Investment Bank
    KfW
    Most Impressive Sovereign Funding Team
    Winner: Italy

    France
    Germany
    Spain
    UK
    Most Impressive Supranational Funding Team
    Winner: European Investment Bank

    European Union
    World Bank
    Best Agency Funding Team
    Winner: Agence Française de Développement
    Winner: BNG Bank
    Winner: KfW

    CPP Investments
    Export Development Canada
    KBN Kommunalbanken
    Most Impressive State, Regional or Municipal Funding Team
    Winner: State of North Rhine-Westphalia

    Île de France
    Madrid
    Québec
    State of Berlin
    Most Impressive Supranational ESG Bond Issuer
    Winner: European Investment Bank

    European Union
    World Bank
    Most Impressive Government ESG Bond Issuer
    Winner: France

    Austria
    Canada
    Germany
    Italy
    Most Impressive Agency ESG Bond Issuer
    Winner: KfW

    Agence Française de Développement
    BNG Bank
    Bpifrance
    NWB Bank
    Most Impressive Local Government ESG Bond Issuer
    Winner: State of North Rhine-Westphalia

    Île-de-France
    State of Saxony-Anhalt
    Most Impressive SSA MTN Issuer
    Winner: World Bank

    European Bank for Reconstruction and Development
    International Finance Corp
  • Funding Official Awards

    Most Impressive Sovereign Funding Official
    Winner: Davide Iacovoni, Italy

    Etienne Lessard, Canada
    Robert Stheeman, UK
    Markus Stix, Austria
    Fabrizio Tesseri, Italy
    Most Impressive Supranational Funding Official
    Winner: Sandeep Dhawan, European Investment Bank

    Andrea Dore, International Bank for Reconstruction and Development
    Isabelle Laurent, European Bank for Reconstruction and Development
    Maria Lomotan, Asian Development Bank
    Silke Weiss, European Stability Mechanism
    Most Impressive Agency Funding Official
    Winner: Jörg Graupner, KfW

    Thibaut Makarovsky, Agence Française de Développement
    Koen Westdjik, BNG Bank
    Most Impressive State, Regional or Municipal Funding Official
    Winner: Stefan Wegner, State of North Rhine-Westphalia

    Alexander Labermeier, Hessen
    Guillaume Pichard, Québec
    Rodrigo Robledo, Madrid
    Rising Star SSA Funding Official
    Winner: Sydney Siahaija, BNG Bank

    Miia Palviainen, Council of Europe Development Bank
    Victor Rischmann, Agence Française de Développement
    Alexander Schierlinger, OeKB Group
    Joris Schoenmakers, Asian Development Bank
  • Investment Bank Awards

    Overall Most Impressive Bank for SSA Bonds
    Winner: JP Morgan

    Barclays
    Citigroup
    Deutsche Bank
    HSBC
    Emerging Force in SSA Bonds
    Winner: Santander

    CIBC World Markets
    Danske Bank
    Natixis
    Natwest Markets
    Most Impressive Bank for SSA ESG Capital Markets
    Winner: Crédit Agricole

    BNP Paribas
    HSBC
    Natwest Markets
    Most Impressive Bank in Using New Technology for SSA Primary Bond Markets
    Winner: HSBC

    Barclays
    Citigroup
    Deutsche Bank
    Goldman Sachs
    Société Générale
    Most Impressive SSA Coverage Team
    Winner: JP Morgan

    Bank of America
    Barclays
    Citigroup
    Crédit Agricole
    Deutsche Bank
    Most Impressive Syndicate Team for SSA Bonds
    Winner: JP Morgan

    Bank of America
    Barclays
    Citigroup
    Deutsche Bank
    HSBC
    Most Impressive SSA House in Euros
    Winner: Deutsche Bank

    Barclays
    BNP Paribas
    Crédit Agricole
    JP Morgan
    Most Impressive SSA House in Dollars
    Winner: Citigroup

    Bank of America
    BMO Capital Markets
    JP Morgan
    RBC Capital Markets
    Most Impressive SSA House in Sterling
    Winner: Barclays

    Bank of America
    HSBC
    Natwest Markets
    RBC Capital Markets
    Most Impressive SSA House in Non-Core Currencies
    Winner: RBC Capital Markets

    BNP Paribas
    Danske Bank
    Deutsche Bank
    TD Securities
    Most Impressive SSA House for the Canadian Market
    Winner: CIBC World Markets

    RBC Capital Markets
    TD Securities
    Most Impressive SSA House for the Japanese Market
    Winner: Daiwa Capital Markets

    MUFG
    Nomura
    Most Impressive MTN Dealer for SSAs
    Winner: JP Morgan

    Citigroup
    Deutsche Bank
    Morgan Stanley
    RBC Capital Markets
  • Bond Banker Awards

    Most Impressive SSA Syndicate Banker
    Winner: Neal Ganatra, Deutsche Bank

    Alex Barnes, Citi
    Dupinder Chana, Barclays
    Benjamin Moulle, Crédit Agricole
    Adrien de Naurois, Bank of America
    Asif Sherani, HSBC
    Yumiao Yang, Barclays
    Most Impressive SSA Bond Origination Banker
    Winner: Massimo Antonelli, BMO Capital Markets

    Dorothée Amar, Goldman Sachs
    Amélie Darrort, JP Morgan
    Francois Planque, Bank of America
    Ebba Wexler, Citi
    Rising Star SSA Bond Banker
    Winner: Lukas Lippenmeyer, Deutsche Bank
    Winner: Alexander Malitsky, TD Securities


    Philippa Cole, NatWest
    Lucrezia Leone, Goldman Sachs
    Eoin O'Connor, TD Securities
    Most Impressive ESG Investment Banker
    Winner: Myriam Zapata, BNP Paribas

    Laurent Adoult, Crédit Agricole
    David Marques Pereira, DZ BANK
    Anjuli Pandit, HSBC
    Sachin Shah, ING
  • Other Market Participants

    Best Technology Platform for the SSA Primary Bond Market
    Winner: Origin Markets

    Agora
    NowCM
    Most Influential Investor in SSA Bonds
    Winner: BlackRock

    PIMCO
    SAFE
    Wellington
    Best Rating Agency for SSA Bonds
    Winner: Moody's Ratings

    Fitch Ratings
    S&P Global
    Best Law Firm for SSA Bonds
    Winner: Clifford Chance

    A&O Shearman
    Linklaters
    Best Second Party Opinion Provider for SSA ESG Bonds
    Winner: Sustainalytics

    ISS-Corporate/ISS ESG
    S&P/Cicero

FIG

winners
  • Borrower Awards

    Most Impressive Financial Institution Borrower
    Winner: Santander

    BPCE
    Crédit Agricole
    Intesa Sanpaolo
    Société Générale
    Most Innovative Financial Institution Borrower
    Winner: Société Générale

    BPCE
    Crédit Agricole
    Nordea
    Santander
    Most Impressive Financial Institution Issuer of Capital
    Winner: Santander

    BBVA
    ING
    Société Générale
    UBS
    Most Impressive Financial Institution Issuer of Senior Unsecured Debt
    Winner: Santander

    BPCE
    Rabobank
    Most Impressive Debut/Returning Financial Institution Unsecured Issuer
    Winner: LBBW

    Montepio
    Novo Banco
    Most Impressive FIG Issuer at Using New Bond Market Technology
    Winner: Société Générale

    no shortlist
    Most Impressive Financial Institution Issuer at Using Liability Management
    Winner: Société Générale

    CaixaBank
    Intesa Sanpaolo
    Most Impressive Financial Institution ESG Bond Issuer
    Winner: BPCE

    AIB Group
    Berlin Hyp
    Crédit Agricole
    Nordea
    Most Impressive Financial Institution MTN Issuer
    Winner: BPCE

    Banque Fédérative du Crédit Mutuel
    BNP Paribas
  • Funding Official Awards

    Most Impressive Financial Institution Funding Official
    Winner: Silvana Borgatti Casale, Banco Santander

    Aurelien Harff, Crédit Agricole
    Arnaud Mezrahi, Société Générale
    Rising Star Financial Institution Funding Official
    Winner: Marta Gonzalez Deprit, Banco Santander

    Romain Dormois, Crédit Agricole
    Marie-Anne Toulouse, Société Générale
  • Investment Bank Awards

    Most Impressive Bank for Financial Institution Bonds
    Winner: Morgan Stanley

    Citigroup
    HSBC
    Emerging Force in Financial Institution Bonds
    Winner: Santander

    BBVA
    Erste Group
    Most Impressive Syndicate Team for Financial Institution Bonds
    Winner: Morgan Stanley

    Bank of America
    BNP Paribas
    Goldman Sachs
    HSBC
    Most Impressive Bank for Financial Institution Capital and Regulatory Advice
    Winner: UBS

    BNP Paribas
    HSBC
    JP Morgan
    Morgan Stanley
    Most Impressive Bank for Senior Unsecured Financial Institution Bonds
    Winner: BNP Paribas

    Bank of America
    Deutsche Bank
    Morgan Stanley
    Natixis
    Most Impressive Bank for Insurance Debt
    Winner: HSBC

    Barclays
    BNP Paribas
    Most Impressive Investment Bank for Financial Institution ESG Capital Markets
    Winner: ING

    Crédit Agricole
    Deutsche Bank
    HSBC
    Most Impressive Bank for Liability Management for Financial Institutions
    Winner: JP Morgan

    Barclays
    Citigroup
    Goldman Sachs
    HSBC
    Most Impressive FIG House in Euros
    Winner: BNP Paribas

    Barclays
    Deutsche Bank
    Natixis
    UBS
    Most Impressive FIG House in Dollars
    Winner: JP Morgan

    Bank of America
    Citigroup
    Goldman Sachs
    Morgan Stanley
    Most Impressive FIG House in Sterling
    Winner: Barclays

    HSBC
    Natwest Markets
    Most Impressive FIG House in Swiss francs
    Winner: UBS

    Commerzbank
    Deutsche Bank
    Most Impressive FIG House in Non-Core Currencies
    Winner: Nomura

    HSBC
    Mizuho
    Most Impressive MTN Dealer for Financial Institutions
    Winner: Crédit Agricole

    Citigroup
    Mizuho
    Most Impressive Bank in Using New Technology for FIG Primary Bond Markets
    Winner: HSBC

    Santander
    Société Générale
    UBS
    Best Secondary Trading House for FIG Bonds
    Winner: JP Morgan

    Bank of America
    Citigroup
    Santander
  • Bond Banker Awards

    Most Impressive FIG Syndicate Banker
    Winner: Matteo Benedetto, Morgan Stanley

    Edward Markham, Goldman Sachs
    Dharit Patel, Bank of America
    Rising Star FIG Bond Banker
    Winner: Anthony Patureau, ING

    Henrietta Gould, Morgan Stanley
    Julia Münch, Barclays
    Antonio Vilela, Barclays
    Most Impressive ESG FIG Investment Banker
    Winner: Carla La Tona, Deutsche Bank

    Laurent Adoult, Crédit Agricole
    Caroline Haas, Natwest
    James Riley, ING
  • Other Market Participants

    Most Influential Investor in Financial Institution Bonds
    Winner: BlackRock

    Algebris
    Amundi
    Pimco
    Wellington Management
    Best Technology Platform for the FIG Primary Bond Market
    Winner: Origin Markets

    No shortlist
    Best Rating Agency for Financial Institution Bonds
    Winner: Moody's Ratings

    Fitch Ratings
    S&P Global
    Best Law Firm for Financial Institution Bonds
    Winner: Linklaters

    A&O Shearman
    Clifford Chance
    Best Second Party Opinion Provider for FIG ESG Bonds
    Winner: ISS-Corporate

    Moody's
    Sustainalytics

Corporates

winners
  • Borrower Awards

    Most Impressive Corporate Borrower
    Winner: EDF

    BP
    Engie
    Nestlé
    Siemens
    Most Impressive Non-European Corporate Borrower in European Currencies
    Winner: Booking Holdings

    Ford
    McDonald's
    Most Impressive Corporate Yankee Bond Issuer
    Winner: EDF

    BAE Systems
    British American Tobacco
    Roche
    Volkswagen
    Most Impressive Corporate Borrower in Sterling
    Winner: Vonovia

    BT
    General Motors
    Kering
    National Grid
    Nestlé
    Most Impressive Corporate Borrower in Swiss Francs
    Winner: Thermo Fisher Scientific

    ABB
    Fresenius
    Nestlé
    Most Impressive Corporate Funding Team
    Winner: National Grid

    Enel
    Nestlé
    Siemens
    Most Impressive Corporate Hybrid Capital Issuer
    Winner: EDF

    BT
    Orange
    Volkswagen
    Most Impressive Corporate Issuer at Using New Bond Market Technology
    Winner: Volvo

    Ørsted
    Siemens
    Best Corporate Issuer at Using Liability Management
    Winner: Vonovia

    British American Tobacco
    Telefonica
    Unibail-Rodamco-Westfield
    Most Impressive Debut Corporate Bond Issuer
    Winner: Assa Abloy
    Winner: Porsche Holding SE

    Rewe
    Sartorius
    Most Impressive Corporate Green, Social or Sustainable Bond Issuer
    Winner: EDF

    Engie
    Statkraft
    Volkswagen
    Most Impressive Sustainability-Linked Bond Issuer
    Winner: Enel

    Ahold Delhaize
    Enel
    Ferrovial
    Heathrow
    Most Impressive Corporate MTN Issuer
    Winner: Toyota

    Severn Trent
    Volvo
  • Funding Official Awards

    Most Impressive Corporate Funding Official
    Winner: Claudio Menghi, Nestlé

    Andrew Binnie, BT
    Bernard Descreux, EDF
    Kwok Liu, National Grid
  • Investment Bank Awards

    Most Impressive Bank for Corporate Bonds
    Winner: BNP Paribas

    Bank of America
    Barclays
    Emerging Force in Corporate Bonds
    Winner: Mizuho

    Crédit Agricole
    ING
    Most Impressive Bank in Using New Technology for Corporate Primary Bond Markets
    Winner: HSBC

    Bank of America
    Citi
    JP Morgan
    Société Générale
    Most Impressive Corporate Bond House in Euros
    Winner: Société Générale

    Bank of America
    BNP Paribas
    Most Impressive Corporate Bond House in Dollars
    Winner: JP Morgan

    Bank of America
    Citigroup
    Most Impressive Corporate Bond House in Sterling
    Winner: Barclays

    Goldman Sachs
    HSBC
    Most Impressive Corporate Bond House in Non core currencies
    Winner: BNP Paribas

    Bank of America
    HSBC
    SEB
    Standard Chartered
    Most Impressive Syndicate Team for Corporate Bonds
    Winner: Barclays

    Bank of America
    BNP Paribas
    JP Morgan
    Most Impressive Bank for Corporate Hybrid Capital
    Winner: Citigroup

    Barclays
    BNP Paribas
    Goldman Sachs
    HSBC
    JP Morgan
    Most Impressive Bank for Corporate Capital Structure Advice
    Winner: BNP Paribas

    Bank of America
    Barclays
    Citigroup
    Goldman Sachs
    Most Impressive Bank for Corporate Ratings Advice
    Winner: JP Morgan

    BNP Paribas
    Société Générale
    Most Impressive Bank for Corporate Liability Management
    Winner: Deutsche Bank

    BNP Paribas
    JP Morgan
    Most Impressive Investment Bank for Corporate ESG Capital Markets and Advice
    Winner: Société Générale

    BNP Paribas
    Crédit Agricole
    HSBC
    ING
    Most Impressive Bank for Corporate Swaps and Other Derivatives
    Winner: BNP Paribas

    Bank of America
    JP Morgan
    Wells Fargo
    Most Impressive Corporate MTN Dealer
    Winner: NatWest Markets

    Barclays
    Crédit Agricole
    JP Morgan
    Société Générale
  • Bond Banker Awards

    Most Impressive Corporate Bond Syndicate Banker
    Winner: Angus Reynolds, Bank of America

    James Cunniffe, HSBC
    Janusz Nelson, Citigroup
    Jodie Snow, BNP Paribas
    Most Impressive Corporate Bond Origination Banker
    Winner: Nathalie Bitan, HSBC

    Guy Bottrill, Société Générale
    Christian Monegard, Citigroup
    Most Impressive ESG Investment Banker
    Winner: Anjuli Pandit, HSBC

    Hans Biemans, ING
    Eloise Boutin, Crédit Agricole
    Emilie Siebenborn, BNP Paribas
  • Other Market Participants

    Most Influential Investor in Senior Corporate Bonds
    Winner: BlackRock

    APG
    Wellington Management
    Most Influential Investor in Hybrid Corporate Bonds
    Winner: BlackRock

    APG
    Neuberger Berman
    Best Debt Advisory Firm for Companies
    Winner: Rothschild

    Ernst & Young
    Evercore
    Best Second Party Opinion Provider for Corporate ESG Bonds
    Winner: ISS-Corporate

    Moody's
    S&P Global
    Sustainalytics
    Best Rating Agency for Corporate Bonds
    Winner: S&P Global

    Fitch Ratings
    Moody's Ratings
    Best Law Firm for Corporate Bonds
    Winner: Linklaters

    A&O Shearman
    Clifford Chance
    Best Technology Platform for the Corporate Primary Bond Market
    Winner: Origin Markets

    Bots
    Ipreo

Emerging Markets

winners
  • Borrower Awards

    Overall Most Impressive Emerging Markets Issuer
    Winner: Republic of Turkey

    Hungary
    Public Investment Fund
    Most Impressive Issuer in Central and Eastern Europe
    Winner: Hungary

    Republic of Poland
    Republic of Romania
    Most Impressive Issuer in the Middle East and Africa
    Winner: Public Investment Fund

    Mubadala/Mamoura
    Kingdom of Saudi Arabia
    Most Impressive ESG Bond Issuer in CEEMEA
    Winner: Hungary

    Masdar
    MVM
    Republic of Turkey
  • Funding Official Awards

    Most Impressive Funding Official in Central and Eastern Europe
    Winner: Zoltan Kurali, Hungary

    Karol Czarnecki, Republic of Poland
    Stefan Nanu, Republic of Romania
    Altug Ulker, Akbank
    Most Impressive Funding Official in the Middle East and Africa
    Winner: Rula AlQadi, First Abu Dhabi Bank

    Ahmed AlRobayan, Public Investment Fund
    Abdulla Mubarak Abdulla Al Darmaki, Mubadala
  • Investment Bank Awards

    Most Impressive Bank for CEEMEA Bonds
    Winner: JP Morgan

    BNP Paribas
    Citi
    Erste Group
    Standard Chartered
    Most Impressive Bank for Central and Eastern European Bonds
    Winner: JP Morgan

    BNP Paribas
    Citi
    HSBC
    Standard Chartered
    Most Impressive Bank for Middle Eastern and African Bonds
    Winner: Standard Chartered

    BNP Paribas
    Citi
    HSBC
    JP Morgan
    Most Impressive Local Bank for Middle Eastern Bonds
    Winner: Emirates NBD

    Abu Dhabi Commercial Bank
    First Abu Dhabi Bank
    Mashreqbank
    Saudi National Bank
    Most Impressive Bank for ESG Capital Markets in CEEMEA
    Winner: BNP Paribas

    Citi
    ING
    JP Morgan
    Standard Chartered
  • Bond Banker Awards

    Most Impressive CEEMEA Bond Syndicate Banker
    Winner: Alex Karolev, JP Morgan

    Matt Doherty, BNP Paribas
    Neil Slee, Goldman Sachs
    Most Impressive CEEMEA Bond Origination Banker
    Winner: Stefan Weiler, JP Morgan

    Borys Matiash, BNP Paribas
    Alexis Taffin de Tilques, BNP Paribas
    Boris Vladislavlev, JP Morgan
    Rising Star Emerging Markets Bond Banker
    Winner: Nicolas Enders, JP Morgan

    Carmen Bereincua, Citi
    Juris Kuprijanovs, BNP Paribas
  • Other Market Participants

    Most Influential Investor in Emerging Market Bonds
    Winner: BlackRock

    Pimco
    Wellington Management
    Best Secondary Market Trading Platform for Emerging Market Bonds
    Winner: MarketAxess

    Bloomberg
    MTS Markets
    Best Rating Agency for Emerging Market Bonds
    Winner: Fitch Ratings

    Moody’s Ratings
    S&P Global
    Best Law Firm for Emerging Market Bonds
    Winner: Linklaters

    A&O Shearman
    White & Case
    Best Second Party Opinion Provider for Emerging Market ESG Bonds
    Winner: ISS-Corporate

    S&P Shades of Green
    Sustainalytics

If you have any queries about the Awards, please contact Sophie Astles

For information on commercial opportunities related to the Bond Awards, please contact Jack Thomson

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