ADB in the news

  • Supras plug away in quiet week

    Focus was on the public market this week, with supranationals making up the majority of MTN supply.

    • 16 Oct 2020
  • SSA secondary pricing update: Land NRW and EFSF trade tighter

    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, October 12. The source for secondary trading levels is ICE Data Services

    • 13 Oct 2020
  • ADB and Ontario take dollars ahead of Asian hols

    Asian Development Bank and the Province of Ontario hit the dollar market on Tuesday, with both issuers tapping the tricky 10 year part of the curve ahead of the start of public holidays in Asia this week which will put a pause on issuance in the currency.

    • 29 Sep 2020
  • ADB and Ontario to share 10 year dollar mart

    Two SSA issuers are set to come to market on Tuesday for dollar benchmarks in the 10 year maturity bucket.

    • 28 Sep 2020
  • ADB ready to launch Panda bond after decade-long absence

    The Asian Development Bank has received a Rmb10bn ($1.48bn) Panda bond quota from the Chinese interbank regulator. The multilateral development bank, which sold the world's second ever Panda about 15 years ago, is waiting for the right window to push out its offering, GlobalCapital China understands.

    • 16 Sep 2020
  • Funding scorecard: supranationals

    This week's funding scorecard looks at the progress supranationals have made in their funding programmes at the beginning of September.

    • 04 Sep 2020
  • AIIB doubles up for Hong Kong dollar return

    The Asian Infrastructure Investment Bank (AIIB) returned to the market this week to place two more deals, as it ramps up its MTN issuance following a debut in Hong Kong dollars last Friday.

    • 03 Sep 2020
  • ADB USD3bn 0.375% Sep 25

    • 27 Aug 2020
  • EIB to reboot euro SSA market as dollar deals keep flowing

    The European Investment Bank will re-open the euro public sector bond new issue market for the last funding period of the year. Further issuers are expected to appear this week, trying to get in before the European Union’s giant borrowing programme begins.

    • 24 Aug 2020
  • EU recovery fund to revitalise green CEEMEA market as Georgian debut highlights deal drought

    CEEMEA bond bankers are pinning their hopes on the EU's €750bn recovery fund to spark green issuance once again. The market has been moribund since Covid-19 drew issuers' attentions elsewhere, with a debut deal from Georgia Global Utilities (GGU) — a portfolio company of London-listed Georgia Capital — one of very few recent highlights.

    • 03 Aug 2020
  • Funding scorecard: supranationals

    This week's funding scorecard looks at the progress supranationals have made in their funding programmes at the start of July.

    • 08 Jul 2020
  • KfW smashes dollar return with over $15bn of demand

    Investors piled into KfW’s first dollar benchmark in six months on Tuesday, allowing the issuer to break the order book record for SSA dollar benchmarks.

    • 07 Jul 2020
  • KfW set to make long-awaited return to dollars

    KfW mandated banks on Monday for a highly anticipated return to the dollar market following its previous benchmark in the currency back in January. The German agency will be joined in dollars by the Asian Development Bank, which is preparing a three year trade.

    • 06 Jul 2020
  • ADB debuts Mongolian togrog bond

    The Asian Development Bank sold the first ever Mongolian togrog denominated bond this week, funding a local dairy farm project in the country.

    • 04 Jun 2020
  • Funding scorecard: supranationals

    This week's funding scorecard looks at the progress supranationals have made in their funding programmes as we reach the end of May and enter June.

    • 01 Jun 2020
  • Kangaroo volumes on the rise

    A quartet of SSAs borrowed a combined A$940m ($613.4m) into the Kangaroo market this week, spurring the SSA Aussie dollar market on to its best monthly volume in over nine months.

    • 22 May 2020
  • Funding scorecard: supranationals

    This week's funding scorecard looks at the progress supranationals have made in their funding programmes as we approach the end of April.

    • 27 Apr 2020
  • ADB visits Canada for Covid-19 response

    The Asian Development Bank has become the first public sector issuer to tap the Canadian dollar market to fund its coronavirus response. In the days since the deal was placed, the value of the Canadian dollar has mirrored the rapid decline in the price of oil, which some bankers fear could put off future non-domestic issuers visiting the market.

    • 23 Apr 2020
  • AFD readies dollar bond response to coronavirus

    Agence Française de Développement (AFD) will tap the dollar market this week to become the latest public sector borrower to print a bond in response to the coronavirus pandemic.

    • 20 Apr 2020
  • ADB jumbo deal shows dollar market is back

    The dollar market had looked sluggish, particularly in comparison to the volumes churned out in euros, but Tuesday's $4.5bn two year from Asian Development Bank indicates the market is back in working order.

    • 31 Mar 2020

Dealer League Table ADB

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 1.06 6 21.55%
2 Credit Agricole CIB 0.61 7 12.31%
3 TD Securities Inc 0.60 1 12.13%
3 Goldman Sachs 0.60 1 12.13%
3 Citi 0.60 1 12.13%

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%