Societe Generale jumped up the league tables this week thanks to its role as a bookrunner on the European Stability Mechanism’s debut bond.

The French bank's position as one of three bookrunners on the €7 billion, five-year deal - alongside HSBC and JP Morgan - propelled it into the top 10 banks for both global and Europe, Middle East and Africa issuance by supranationals over the year-to-date.