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 2020 (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 SNR 31/03/27 DE000A254PP9 100%
2 KREDITANST FUR WIE 0.75% GTD SNR 15/01/29 DE000A2LQSN2 45%
3 JPMORGAN CHASE &CO 1.047%-FRN SNR 04/11/32 XS2075811948 38%
4 KREDITANST FUR WIE 0% GTD SNR 30/06/22 DE000A2LQSS1 35%
5 STICHTING AK RABOB FRN T1 PERP EUR25 'REGS' XS1002121454 33%
6 WELLS FARGO & CO FR SNR EMTN 01/22 XS1558022866 31%
7 KREDITANST FUR WIE 0% GTD SNR 18/02/25 DE000A254PM6 29%
8 UNICREDIT SPA 1.2%-FRN 20/01/26 XS2104967695 25%
9 KREDITANST FUR WIE 0% GTD SNR 02/04/24 DE000A2LQSP7 25%
10 UNICREDIT SPA 2%-FR LT2 EMTN 23/09/29 XS2055089457 22%
Source: ICE Data Services

GBP Financials
Rank Issuer Coupon and Maturity ISIN Relative volume
1 INSPIRED EDUCATION IDX/LKD GTD 30/09/38 XS0257433853 100%
2 Royal Bank of Canada FRN SNR SEC CVD BDS 03/10/24 XS2060621005 40%
3 PERMANENT MASTER I FRN M/BKD 07/58 XS2058006037 32%
4 KREDITANST FUR WIE 0.875% GTD SNR 18/07/24 XS2100726244 28%
5 LIBRA (LONGHURST G 3.25% SNR 15/05/43 XS1817419705 25%
6 HOLMES MASTER ISS FRN M/BKD 10/54 XS1791440859 25%
7 PINEWOOD 3.25% GTD 30/09/25 XS2052466815 23%
8 SANTANDER UK PLC FRN GTD SNR 09/21 XS1880870784 22%
9 SILVERSTONE MASTER FRN M/BKD 01/70 XS2109587977 22%
10 KREDITANST FUR WIE 1.375% GTD SNR XS1941813617 22%
Source: ICE Data Services

EUR Non-Financials
Rank Issuer Coupon and Maturity ISIN Relative volume
1 HESSEN LAND 0% GTD SNR SEC 10/06/22 DE000A1RQDE2 100%
2 HESEEN 0% SNR 10/03/25
DE000A1RQDR4 56%
3 BREMEN FREIE HANSE 0% NTS 16/03/21 DE000A254YP1 10%
4 MEDTRONIC GBL HLDG 0% GTD SNR 07/03/21 XS1960676127 9%
5 BAUSCH HEALTH COMP 4.5% GTD SNR 15/05/23 XS1205619288 8%
6 DUFRY ONE B.V. 2% GTD SNR 15/02/27 XS2079388828 8%
7 VODAFONE GROUP 3.1%-FRN SUB 03/01/79 XS1888179477 7%
8 DH EUROPE FINANCE2 0.75% 18/09/31 XS2050406094 7%
9 NETFLIX INC 3.625% SNR 15/06/30 XS2072829794 7%
10 LVMH MOET HENNESSY 0.375% SNR 11/02/31 FR0013482841 7%
Source: ICE Data Services

GBP Non-Financials
Rank Issuer Coupon and Maturity ISIN Relative volume
1 VODAFONE GROUP 1.5% CNV SUB 12/03/22 XS1960589668 100%
2 VODAFONE GROUP 0% CNV BDS 12/03/21 XS1960588850 92%
3 NETWORK RAIL INFRA IDX/LKD GTD 22/11/47 XS0322049296 89%
4 INTU METROCENTRE 4.125% A/BKD 06/12/28 XS0994934965 42%
5 KON KPN NV 5.75% SNR MTN 17/09/29 XS0451790280 34%
6 AMC ENTMT HLDGS IN 6.375% SUB 15/11/24 XS1512809606 33%
7 NETWORK RAIL INFRA 4.75% SNR SEC 29/11/35 XS0206361221 30%
8 TALK TALK TELECOM 3.875% GTD SNR 20/02/25 XS2121167345 29%
9 NORDRH-WESTFALEN IDX/LKD SNR 29/10/21 XS1900543577 28%
10 DIAGEO FINANCE PLC 2.875% GTD SNR 27/03/29 XS2147890607 27%
Source: ICE Data Services

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Historical data of the most actively traded corporate bonds on a monthly basis can be found below:

February 2020
January 2020
December 2019
November 2019
October 2019
September 2019
August 2019
July 2019
June 2019
May 2019
April 2019
March 2019
February 2019
January 2019
December 2018
November 2018
October 2018
September 2018
August 2018
July 2018
June 2018




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