Archive

Debut Deutsche Bank social bond 13-times oversubscribed

The debut €500 million ($537 million) social bond from German lender Deutsche Bank was more than 13-times oversubscribed by investors, feeding expectations the major green bond issuer will also become a regular in the social bond market.

Bond round-up: Chile, Dominican Republic, Mindspace ... and more

Ground-breaking 'Transition Loan Principles' expected by November

With formal principles on the horizon, the 'transition loan' market could be on the cusp of a new era - a dramatic step-change that could extend into the bond market. Ahren Lester reports

Turkish snack firm Ulker issues $550m sustainability-linked bond debut

Turkish biscuit and chocolate maker Ülker has raised $550 million from its debut sustainability-linked bond (SLB).

Sustainable bond market sees weakest first-half issuance for four years

Sustainable bond issuance in 2024 has crossed the $500 billion milestone in 2024, but remains 14% behind 2023 totals as all four major labels experience a slowdown and market share weakens.

Japan: Australia 'should have issued a transition bond'

A senior Japanese government official said Australia should have pursued a 'transition bond' label for its sovereign sustainable bond programme as a way of encouraging key hard-to-abate sectors to start seriously thinking about their own transition.

New ICMA metrics could help 'accelerate' biodiversity finance

An influential list of key performance indicators (KPIs) deemed appropriate for structuring sustainability-linked bonds (SLBs) has been updated - with the newly added metrics dominated by biodiversity-related datapoints, reflecting keen investor interest in the theme.

'Greenwashing' is the 'Loch Ness monster' of the green bond market

A veteran green bond market participant said 'greenwashing' was not really present in the green bond market despite substantial hand-wringing around the topic.

First 'blue bond' in Vietnam issued

Southeast Asia Commercial Bank (SeABank) has raised $75 million from a sustainable bond which is the first in Vietnam to include a 'blue bond' tranche focused on sustainable marine and water projects.

ECB to set decarbonisation targets for corporate bond portfolios

The European Central Bank (ECB) will target near-term greenhouse gas emissions reductions in its corporate bond portfolio for the first time and will consider 'remedial actions' if these diverge from a strict decarbonisation trajectory.