2014-YTD Australian Sustainable Bond Cumulative League Table - All Local Issuers - Excl. Self-led Deals

Australian Sustainable Bond Cumulative League Table - All Local Issuers
(excluding self-led deals)
1 Jan 2014 - YTD

Bookrunner	Volume (A$m)	No. deals	Market share (%)
ANZ	9,417	46	16.1
National Australia Bank	9,237	40	15.8
UBS	8,152	32	13.9
Westpac Institutional Bank	7,502	32	12.8
Commonwealth Bank of Australia	7,020	40	12.0
Deutsche Bank	3,975	12	6.8
Citi	3,127	14	5.3
BofA Securities Securities	2,937	10	5.0
RBC Capital Markets	1,312	6	2.0
Barrenjoey Capital Partners	1,040	8	1.7
HSBC	1,037	11	1.7
J.P. Morgan	883	4	1.5
Nomura	750	3	1.2
Mizuho Securities	584	3	1.0
Bank of America Merrill Lynch	500	2	0.8
TD Securities	395	3	0.6
BNP Paribas	388	4	0.6
SMBC Nikko	183	2	0.3
Bank of China	146	2	0.3
Scotia Bank	75	1	0.1
TOTAL	58,662		100

Source: KangaNews 2 Apr 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.