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 March 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 BARCLAYS BANK PLC 2%-FRN LT2 MTN 07/02/28 XS1678970291 100%
2 KREDITANST FUR WIE 0.125% UNSUB NTS 24/02/23 DE000A2GSNV2 99%
3 ROYAL BANK OF SCOT 1.75%-FRN SNR 02/03/26 XS1788515606 78%
4 LUSITANO MTG NO.6 FRN M/BKD 03/60 XS0312981649 69%
5 KREDITANST FUR WIE 0.625% GTD SNR 07/01/28 DE000A2GSNR0 59%
6 BBVA(BILB-VIZ-ARG) FRN SNR MTN 04/22 XS1594368539 56%
7 LANDWIRT RENTENBK 0.5% GTD SNR 06/03/25 XS1787328548 56%
8 UNICREDIT SPA 1% EMTN 18/01/23 XS1754213947 55%
9 KREDITANST FUR WIE 0.5% SNR 15/09/27 DE000A2GSFA2 52%
10 KREDITANST FUR WIE 2.5% GTD SNR 17/01/22 DE000A1K0UG6 49%
Source: ICE Data Services

GBP Financials
Rank Issuer Coupon and Maturity ISIN Relative volume
1 KREDITANST FUR WIE 0.875% SNR 15/03/22 XS1548459178 100%
2 E-CARAT 5 PLC FRN A/BKD 04/23 XS1175193413 53%
3 BARCLAYS BANK PLC 10% SUB 21/05/21 XS0429325748 51%
4 FRIARY NO. 3 PLC FRN M/BKD 04/48 XS1349439049 48%
5 PARAGON MTGS 20 FRN M/BKD 11/41 XS1080895631 48%
6 SWEDISH COVERED BD FR SNR EMTN 01/22 XS1551508820 43%
7 KREDITANST FUR WIE 1.125% SNR 23/12/19 XS1167129110 41%
8 NEWDAY PARTNERSHIP FRN A/BKD 12/27 XS1674677767 36%
9 SANTANDER UK PLC FRN GTD SNR 05/20 XS1607992424 33%
10 BARCLAYS PLC 3.25% SNR 17/01/33 XS1748699011 32%
Source: ICE Data Services

EUR Non-Financials
Rank Issuer Coupon and Maturity ISIN Relative volume
1 SOFTBANK GROUP CO 3.125% GTD SNR 19/09/25 XS1684385161 100%
2 TEVA PHARMA FIN.IV 2.875% GTD SNR 15/04/19 XS0765295828 91%
3 TEVA PHARMA FIN.IV 0.375% GTD SNR 25/07/20
XS1439749109 86%
4 TELECOM ITALIA SPA 2.375% SNR 12/10/27 XS1698218523 74%
5 ZF NORTH AMERICA C 2.75% GTD SNR 27/04/23 DE000A14J7G6 64%
6 AXA SA IDX/LKD EMTN 26/03/49 XS1799611642 52%
7 CHUBB INA HLDGS INC EURO SR GLBL 38 XS1785813251 52%
8 SOFTBANK GROUP CO 4% GTD SNR 19/09/29 XS1684385591 50%
9 SOFTBANK GROUP CO 4.75% GTD SNR 30/07/25 XS1266662334 50%
10 TEVA PHARM FINANCE 4.5% GTD SNR 01/03/25 XS1789456024 45%
Source: ICE Data Services

GBP Non-Financials
Rank Issuer Coupon and Maturity ISIN Relative volume
1 TOWD POINT MTGE FN FRN A/BKD 05/45 XS1564404934 100%
2 ANHEUSER-BUSCH INB 2.85% GTD SNR 25/05/37 BE6295395956 61%
3 ARQIVA BROADCAST 9.5% GTD SNR 31/03/20 XS0894469880 48%
4 UNITED UTILS WATER IDX/LKD SNR 14/12/40 XS0238246390 48%
5 INNOGY FINANCE BV 6.25% GTD SNR 03/06/30 XS0147048762 47%
6 SHOP DIRECT FUNDIN 7.75% SNR SEC 15/11/22 XS1709298969 43%
7 ANHEUSER-BUSCH INB 1.75% GTD SNR 07/03/25 BE6295391914 40%
8 NEW LOOK SECURED I 6.5% GTD 01/07/22 XS1248516616 39%
9 EASTERN POWER NETW IDX/LKD SNR 13/02/25 XS1189160937 38%
10 TDC A/S 5.625% SNR 23/02/23 XS0593952111 36%
Source: ICE Data Services

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