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	16,751	71	13.7
Nomura	13,234	72	10.8
RBC Capital Markets	12,392	75	10.1
Commonwealth Bank of Australia	11,171	64	9.1
TD Securities	10,983	68	9.0
National Australia Bank	10,171	43	8.3
UBS	9,399	40	7.7
Westpac Institutional Bank	8,844	39	7.2
Deutsche Bank	8,486	46	6.9
J.P. Morgan	6,313	41	5.1
Citi	3,727	18	3.0
BofA Securities	2,937	10	2.4
Daiwa Capital Markets	1,831	25	1.5
Mizuho Securities	1,287	12	1.1
HSBC	1,144	12	0.9
Barrenjoey Capital Partners	1,040	8	0.8
MUFG Securities	517	4	0.4
Bank of America Merrill Lynch	500	2	0.4
OCBC Bank	450	3	0.3
BNP Paribas	413	5	0.3
Morgan Stanley	225	1	0.1
SMBC Nikko	183	2	0.1
Bank of China	146	2	0.1
Credit Agricole	100	1	0.1
Scotia Bank	75	1	0.1
ICBC	71	1	0.1
TOTAL	122,443		100

Source: KangaNews 10 Apr 2024

Note: The last deal completed in the Australian sustainable bond market priced on 9 Apr 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.