ICE Data Services (IG corporate bond traded volumes)


Market Volume: Observed trades in EUR and GBP investment grade corporate bonds

ICE Data Services incorporates a combination of publicly available data sets from trade repositories as well as proprietary and non-public sources of market colour and transactional data across global markets, along with evaluated pricing information and reference data to support statistical calibrations.

The market volume evolution represents the changes in the monthly aggregate volumes of all observed trades in securities in the relevant group, based to 100 as at September 2015. EUR Financials include approximately 4000 securities, GBP Financials 1500, EUR Non-Financials 3000, and GBP Non-Financials 1000.

ICMA intends to publish and monitor the market volume of IG Financials and Non-Financials on a monthly basis upon necessary permission of ICE Data Services.
 

Source: ICE Data Services


Source: ICE Data Services

Top-traded corporate bonds in February 2018 (by volume)

ICE Data Services sources publicly available data sets from trade repositories and procures information from non-public sources of market colour and transactional data across global markets. Additionally, market colour, bid lists, dealer runs, and other transactional data is received from their global network of clients on the buy-side and sell-side.

While the rankings are based on traded volumes, the right-hand column (of below tables) indicates the relative volume of each bond expressed as a percentage of the most actively traded bond’s volume (100%).

EUR Financials
Rank Issuer Coupon and Maturity ISIN Relative volume
1 KREDITANST FUR WIE 0% GTD 30/06/21 DE000A2AARZ5 100%
2 KREDITANST FUR WIE 0.625% GTD SNR 07/01/28 DE000A2GSNR0 75%
3 KREDITANST FUR WIE 0.125% GTD SNR 15/01/24 DE000A2DAR24 75%
4 BARCLAYS BANK PLC 2%-FRN LT2 MTN 07/02/28 XS1678970291 73%
5 LUSITANO MTG NO.5 FRN M/BKD 07/59 XS0268642161 72%
6 LANDWIRT RENTENBK 0.625% SNR 31/10/36 XS1511781897 67%
7 KREDITANST FUR WIE 2.5% GTD SNR 17/01/22 DE000A1K0UG6 64%
8 CAIXABANK SA 1.625% CVD BDS 14/07/32 ES0440609347 63%
9 KREDITANST FUR WIE 3.5% GTD SNR 04/07/21 DE0002760980 60%
10 DEUTSCHE BANK AG 1.75% GTD SNR 17/01/28 DE000DL19T26 58%
Source: ICE Data Services

GBP Financials
Rank Issuer Coupon and Maturity ISIN Relative volume
1 FMS WERTMANAGEMENT 1.125% GTD SNR 07/09/23 XS1700386060 100%
2 KREDITANST FUR WIE 0.375% SNR 15/12/20 XS1682440026 96%
3 KREDITANST FUR WIE 1.375% GTD SNR 01/02/21 XS1346200055 72%
4 KREDITANST FUR WIE 1% GTD EMTN 15/12/22 XS1752440773 23%
5 BARCLAYS PLC 3.25% SNR 17/01/33 XS1748699011 22%
6 SPAREBANK1 FRN SNR 11/22 XS1716371049 21%
7 AA BOND CO LTD 5.5% BDS 31/07/43 XS1211308231 21%
8 LLOYDS BANK PLC FRN GTD SNR SEC 01/21 XS1746882734 18%
9 DEXIA CREDIT LOCAL 1.125% GTD SNR 15/06/22 XS1644575752 18%
10 GE CAP UK FDG UNLI 5.875% GTD SNR 18/01/33 XS0340495216 16%
Source: ICE Data Services

EUR Non-Financials
Rank Issuer Coupon and Maturity ISIN Relative volume
1 VOLKSWAGEN INTL FRN GTD SNR 03/19 XS1586555515 100%
2 ASR NEDERLAND NV 5.125%-STP SUB 29/09/45 XS1293505639 75%
3 BECTON DICKINSON 0.368% BDS 06/06/19 XS1622560842 67%
4 TEVA PHARM FINANCE 0.375% GTD SNR 25/07/20 XS1439749109 58%
5 WIND TRE SPA 3.125% GTD 20/01/25 XS1708450561 57%
6 ASSIC GENERALI SPA 5.5%-FRN SUB 27/10/47 XS1311440082 53%
7 TELECOM ITALIA SPA 2.375% SNR 12/10/27 XS1698218523 46%
8 INNOGY FINANCE BV 1.5% SNR 31/07/29 XS1761785077 46%
9 CMA CGM FR 5.25% SNR 15/01/25 XS1703065620 43%
10 WIND TRE SPA 2.625% GTD 20/01/23 XS1708450488 43%
Source: ICE Data Services

GBP Non-Financials
Rank Issuer Coupon and Maturity ISIN Relative volume
1 MARSTON'S FRN-STP A/BKD 10/31 XS0331071026 100%
2 UNITED UTILS WATER IDX/LKD SNR 14/12/40 XS0238246390 91%
3 THAMES WATER UTIL 6.4625% GTD 20/04/21 XS0268116430 80%
4 TRANSPORT FOR LOND 4% SNR EMTN 07/04/64 XS1045127393 61%
5 NEW LOOK SECURED I 6.5% GTD 01/07/22 XS1248516616 58%
6 MCKESSON CORP 3.125% SNR 17/02/29 XS1567174526 54%
7 DISCOVERY COMM LLC 2.5% GTD SNR 20/09/24 XS1684268524 54%
8 E.ON INTERNATIONAL 6% GTD SNR MTN 30/10/19 XS0327443460 50%
9 TALK TALK TELECOM 5.375% GTD SNR 15/01/22 XS1550932344 46%
10 NGG FINANCE 5.625%-STP GTD 18/06/73 XS0903532090 44%
Source: ICE Data Services

Download




This document is provided for information purposes only and should not be relied upon as legal, financial, or other professional advice. While the information contained herein is taken from sources believed to be reliable, ICMA does not represent or warrant that it is accurate or complete and neither ICMA nor its employees shall have any liability arising from or relating to the use of this publication or its contents.    

© International Capital Market Association (ICMA), Zurich, 2018. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means without permission from ICMA.