SSAR
US DOLLARS
ESM COMPLETES US$3bn FUNDING, FRNs
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THEIRûFEETûTOûBUYûANû&2.ûWITHûAûNEGATIVEûBONDS SSAREUROPEAN SOVEREIGN BOND AUCTION RESULTS WEEK ENDING OCTOBER 19 2018
Pricing date Issuer Size Coupon (%) Maturity Average Yield (%) Bid-to-cover
Oct 16 2018 Germany €3.0288bn 0.00 Sep 11 2020 –0.560 2.39
Oct 16 2018 Finland €1bn 0.50 Sep 15 2028 0.728 1.60
Oct 17 2018 Germany €1.1548bn 2.50 Jul 4 2044 1.040 1.37
Oct 18 2018 Spain €1.52533bn 0.35 Jul 30 2023 0.613 1.78
Oct 18 2018 Spain €1.30533bn 1.40 Jul 30 2028 1.644 2.08
Oct 18 2018 Spain €633.2m 5.75 Jul 30 2032 1.959 1.46
Oct 18 2018 Spain €1.02831bn 2.90 Oct 31 2046 2.677 1.43
Oct 18 2018 France €2.95bn 0.00 Feb 25 2021 –0.420 2.36
Oct 18 2018 France (i) €650m 0.10 Mar 1 2021 –1.830 2.50
Oct 18 2018 France €3.291bn 0.00 Mar 25 2024 0.160 1.81
Oct 18 2018 France €1.758bn 1.00 Nov 25 2025 0.390 1.81
Oct 18 2018 France (i) €956m 1.85 Jul 25 2027 –0.850 1.86
Oct 18 2018 France (i) €140m 0.10 Jul 25 2047 –0.090 3.57
Source: IFR
ALL US DOLLAR FIXED-RATE GLOBALS
BOOKRUNNERS: 1/1/2018 TO DATE
Managing No of Total Share
bank or group issues US$(m) (%)
1 BAML 170 64,629.94 11.5
2 JP Morgan 167 57,682.35 10.3
3 Citigroup 152 52,010.13 9.3
4 Barclays 98 46,778.95 8.3
5 Goldman Sachs 105 41,811.38 7.4
6 Wells Fargo 106 35,418.46 6.3
7 Morgan Stanley 97 29,651.25 5.3
8 Deutsche Bank 59 26,952.80 4.8
9 HSBC 58 26,674.84 4.7
10 RBC 72 24,845.12 4.4
Total 343 561,589.42
Excluding equity-related debt, ABS/MBS.
Source: Refinitiv SDC code: O5ALL INTERNATIONAL BONDS (ALL CURRENCIES)
BOOKRUNNERS: 1/1/2018 TO DATE
Managing No of Total Share
bank or group issues US$(m) (%)
1 JP Morgan 887 238,787.95 7.5
2 Citigroup 830 212,383.82 6.7
3 HSBC 822 190,366.72 6.0
4 Barclays 637 186,296.88 5.9
5 BAML 681 185,980.26 5.9
6 Goldman Sachs 502 155,928.31 4.9
7 Deutsche Bank 615 143,445.11 4.5
8 Morgan Stanley 520 129,869.70 4.1
9 BNP Paribas 546 127,255.35 4.0
10 Credit Suisse 466 106,473.45 3.3
Total 4,768 3,178,546.61
Including Euro, foreign, global issues. Excluding equity-related debt,
US Global ABS/MBS.
Source: Refinitiv SDC code: J1ALL BONDS IN EUROS
BOOKRUNNERS: 1/1/2018 TO DATE
Managing No of Total Share
bank or group issues €(m) (%)
1 BNP Paribas 310 69,512.09 7.2
2 SG 256 60,422.48 6.2
3 HSBC 294 56,429.29 5.8
4 Deutsche Bank 258 53,278.56 5.5
5 Credit Agricole 241 52,558.48 5.4
6 JP Morgan 215 52,241.27 5.4
7 UniCredit 250 49,493.62 5.1
8 Barclays 197 49,372.18 5.1
9 Citigroup 183 40,964.35 4.2
10 Goldman Sachs 135 38,397.93 4.0
Total 1,454 970,898.29
Including Euro-preferreds. Excluding equity-related debt,
US Global ABS/MBS.
Source: Refinitiv SDC code: N1