2014-YTD Australian Sustainable Bond Cumulative League Table - all issuers - Incl. Self-led Deals

Australian Sustainable Bond Cumulative League Table - all issuers
(including self-led deals)
1 Jan 2014 - YTD

Bookrunner Volume
(A$m)
No.
deals
Market share (%)
ANZ 14,705 61 14.2
Nomura 12,184 66 11.8
RBC Capital Markets 11,043 68 10.7
TD Securities 10,588 65 10.3
Commonwealth Bank of Australia 9,132 52 8.8
National Australia Bank 8,192 32 7.9
Westpac Institutional Bank 7,501 33 7.3
UBS 7,146 25 6.9
Deutsche Bank 7,097 39 6.9
J.P. Morgan 5,564 38 5.4
Citi 2,283 9 2.2
BofA Securities 1,988 6 1.9
Daiwa Capital Markets 1,451 19 1.5
Mizuho Securities 987 11 1.0
HSBC 894 11 0.9
MUFG Securities 572 4 0.6
OCBC Bank 450 3 0.4
BNP Paribas 413 5 0.4
Barrenjoey Capital Partners 225 3 0.2
Morgan Stanley 225 1 0.2
SMBC Nikko 183 2 0.2
Bank of China 146 2 0.2
Credit Agricole 100 1 0.1
Scotia Bank 75 1 0.1
ICBC 71 1 0.1
TOTAL 103,266   100

Source: KangaNews 16 Mar 2024

Note: The last deal completed in the Australian sustainable bond market priced on 14 Mar 2024. The league table will be updated again when the next deal prices.


Note: Click on the link attached to each bank name to see a list of all league table eligible deals for that bank during the year.

Sustainable bond criteria: Must be aligned with recognised external global principles/standards. At this stage, KangaNews accepts the following:
(a) Green bonds: ICMA Green Bond Principles or CBI Climate Bonds Standard
(b) Social bonds: ICMA Social Bond Principles
(c) Sustainability bonds: ICMA Sustainability Bond Guidelines
(d) Sustainability-linked bonds: ICMA Sustainability-linked Bond Principles
(e) Transition bonds: ICMA Climate Transition Finance Handbook

To determine whether a bond is "aligned", all issuers outside the SSA sector will need to show an external review that verfies alignment with the Principles and must also have a framework (ie the core components plus key recommendations of the Principles). For SSA issuers, a framework is preferable but if none exists the issuer must show that it has internal processes in place to follow alignment and also that it offers investors detailed impact reporting. Due to the nature of business conducted by SSAs, some exceptions are made for borrowers in this sector.

Additional criteria: Must be public bond; no minimum size; one-year minimum maturity or call date; dual-tranche issues counted as one deal if both tranches have the same maturity date; settlement date used for date calculations; issued in AUD; no requirements regarding domicile of issuer; pricing must be disclosed; deal must be syndicated; bookrunners given equal allocation (unless advised otherwise); excludes bonds that have been retrospectively labelled as susstainable bonds; excludes asset-backed securities.