Archive

Fidelity launches 'first' global 'blue bond' fund

Fidelity International (FIL) has launched a dedicated 'blue bond' fund to leverage the "unique position" that bond markets have to support the sustainable ocean and freshwater transition.

Largest NYC social bond almost six-times oversubscribed

New York City (NYC) has raised $820 million from its largest ever social bond, with the orderbook almost reaching $5 billion.

ICMA Principles to prioritise work on transition, sustainable fintech

The executive committee (ExCom) of the International Capital Market Association (ICMA)-administered Principles has introduced financial technology (fintech) and digitalisation as a key priority for its work over the next year...

Barclays: 'Practical' target timing factor at play in SLB issuance decline

Barclays argues "more practical" considerations around corporate sustainability target timelines have played a material role in the sharp sustainability-linked bond (SLB) issuance decline in recent years, but this headwind could become a tailwind as we approach 2025.

Canada to re-open second green bond this week

Canada has announced plans to tap its second sovereign green bond this week as it looks to raise a further CAD4 billion ($2.9 billion) from its programme by the end of March.

Crypto scepticism a 'barrier' to green bonds

Scepticism over cryptocurrencies is a major barrier to utilising blockchain within the green bond market, the Council for Scientific and Industrial Research (CSIR) has said.

Sustainable debt round-up: Ontario, Fosun International ... and more

ICMA 'best practice' sustainable commercial paper guidance 'positive step' for market

The International Capital Market Association (ICMA) has published an initial "best practice" report on the growing €300 billion ($330 billion) sustainable commercial paper (CP) market, with hopes that the additional guidance can help stimulate greater interest in the instruments.

Sustainable Debt round-up: ScotiaBank, Trafigura, True Corporation ... and more

ING optimistic of recovery for sustainable debt supply in 2025

The sustainable debt market is "struggling to gain momentum" this year amid higher interest rates and a lack of 'greenium', according to ING, but the Dutch bank is optimistic that issuance could be "invigorated" in 2025.