Bond round-up: Bank Pekao, Argentina, Ericsson ... and more
10% of sustainability-linked bonds 'not aligned' with ICMA principles, says Fitch
One in ten of the sustainability-linked bonds (SLBs) rated by Sustainable Fitch are "not aligned" with the widely accepted principles administered by the International Capital Market Association (ICMA), almost four-times the level for green, social and sustainability bonds.
Inaugural COP report published
Environmental Finance has published its first COP-focused special report in the build up to COP28, taking place in Dubai this week.
Altius plans Australian green bond fund relaunch amid sovereign bond excitement
Altius Asset Management (Altius AM) is planning to relaunch its AUD190 million ($125 million) Australian green bond fund in 2024 amid a "step-up" in interest in the market as the Australian government prepares its own green bond debut.
Argentina issues debut sustainable bond amid future doubts
Argentina has raised ARS44.3 billion ($125 million) from its debut sovereign sustainability bond, but doubts have been raised about the prospects for further issuance amid a change of government.
Bond round-up: EU, Snam, CAFFIL and more
Snam raises €650m from EU Taxonomy-aligned 'transition' bond
Italian energy infrastructure firm Snam has raised €650 million ($710 million) from its second EU Taxonomy-aligned transition bond, in a deal which was more than four-times oversubscribed.
IFC, T Rowe Price to launch 'first' blue bond fund
The International Finance Corporation (IFC) and T Rowe Price are preparing to launch the first dedicated 'blue' bond investment strategy to support sustainable marine and water investment from companies and financial institutions in emerging markets.
Our first question when we see an SLB: 'What are these guys hiding?'
A sustainable bond investor said it treats sustainability-linked bonds (SLBs) with a "huge dose of caution and scepticism," arguing that market practices for the performance-based instrument have provided...
Japan to announce debut sovereign transition bond in December
Japan is planning to issue its ground-breaking debut sovereign transition bond in February 2024, with further details on the size, maturity and expected issuance date released in early December.