The sovereign, supranational and agency (SSA) market rewards consistency as much as innovation. HSBC delivered both in 2025 – mandated on the largest transactions across multiple jurisdictions, first-mover in digital bond issuance, number one sukuk arranger globally, and the structuring force behind a nascent multilateral development bank (MDB) hybrid asset class that is beginning to scale. The breadth of that record, sustained across regions and products simultaneously, is what distinguishes the bank this year.
The scale of its core deal flow is substantial.
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