Archive

Bond round-up: Equitable Bank, Scotiabank, KBN ... and more

Enel SLB target miss 'very significant event' for market

The missed target tied to more than $10 billion worth of sustainability-linked bonds from Italian energy firm Enel has been described as showing the "value" of the performance-based instrument,...

More money market funds are Article 8, but fewer put ESG in the name

Nearly three-quarters of European money market funds (MMFs) are now classified as Article 8 under the EU's Sustainable Finance Disclosure Regulation (SFDR),...

Rwanda considering sovereign SLB after development bank success

Rwanda is considering issuing a sovereign sustainability-linked bond (SLB) after its development bank successfully issued a ground-breaking deal last year, an Environmental Finance event heard.

Austria launches ground-breaking 'green' money market instrument

Austria has launched the first sovereign 'green' money market product which is open to retail investors, with a "strong uptake" in the 'Green Bundesschatz' reported from investors already.

Europe needs more green securitisations, says head of French central bank

'Green securitisations' could be key to unlocking "several hundred billion euros a year" for the energy transition - helped by a common European issuance platform of such instruments, the head of the French central bank has said.

Transition bond label is a 'distraction' for transition finance, says MetLife IM

A dedicated 'transition bond' label for corporate issuers "distracts" from the forward-looking, long-term focus that transition finance requires, according to MetLife Investment Management (MetLIfe IM).

Microfinance firm issues first social bond in Panama

BBVA Microfinance Foundation-owned Microserfin has raised $5 million from the first social bond in Panama as part of a planned $40 million programme.

SEB warns of 'dire need' to tackle slowdown in sustainable bond market

A slowdown in growth of the sustainable bond market during the first quarter suggests it is "living off the boom years" and issuance is not where it needs to be to meet climate targets, warns SEB's Gregor Vulturius.

Hard-to-abate 'transition' bonds can be 'green' if obsolescence risk managed

Bond issuances tackling hard-to-abate sectors can have their transition-focused bonds judged as green bonds if they manage "obsolescence risk," a sustainable bond investor told an Environmental Finance event.