Archive

BADEA issues social bond for debut bond deal

The Arab Bank for Economic Development in Africa (BADEA) issued a social bond, as it marked the "significant milestone" of its first ever bond issuance.

UK to raise £2.5bn from first 2024 green bond deal

The UK will raise £2.5 billion ($3.2 billion) from a tap of its 2053 sovereign green bond in an auction to take place next week, marking the start of its 2024 sustainable bond issuance after a record-breaking 2023.

AfDB launches ground-breaking 'sustainable hybrid' bond

The African Development Bank (AfDB) has launched the first 'sustainable hybrid capital' bond from a multi-lateral development bank (MDB).

Texas brands Barclays 'fossil fuel boycotter' alongside muni bond ban

The Attorney General of Texas has banned Barclays from underwriting municipal bonds in the oil rich US state after it classified the UK-listed bank as being a "fossil fuel boycotter".

'Mixed' climate disclosure regulation 'impacting sustainable bond issuance'

Emerging climate disclosure regulations are keeping some issuers "on the sidelines" of sustainable bond markets, according to Moody's Investors Service - but the shift to mandated disclosures should spur more issuance over the long-term.

World Bank issues $100m plastic waste reduction-linked bond

The World Bank has raised $100 million from a ground-breaking outcomes-based bond that links its coupon payments to verified plastic and carbon credits generated by projects in Ghana and Indonesia.

EU taxonomy reporting metric is too simplistic, banking group says

The disclosure of a 'green asset ratio' required by the EU taxonomy regulation is too simplistic to be relied on as a comparison of banks' climate transition efforts, according to the European Banking Federation (EBF).

Loan round-up: Royal Golden Eagle, Keppel, Skanska and ... more

EU wants to boost green loan market, senior commissioner says

The EU wants to boost the market for green loans and is "looking very closely" at recommendations to develop a voluntary label, the European Commission's finance lead has said.

Fannie Mae, Freddie Mac prepare for single-family social bond debut in June

Fannie Mae and Freddie Mac are expecting to issue their debut single-family social bonds from June, after the US government-owned mortgage providers published frameworks including an updated 'mission index' for eligibility.