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Japan's planned mammoth transition bond issuance programme could help fixed income markets "refine" what should be considered a credible 'transition' investment, according to an investment analyst at Axa Investment Managers.

Colombia has issued its first social bonds and raised $2.5 billion from the five-times oversubscribed pair of deals, with the South American country becoming just the fifth sovereign to issue social bonds to date.

Japan has confirmed potentially controversial technologies including carbon capture and storage (CCS), "next-generation aircraft" and nuclear energy among the eligible use of proceeds from its landmark transition bond issuance.

With COP28 looming, Abu Dhabi Islamic Bank (ADIB) has mandated five banks to market its debut US dollar-denominated green sukuk deal.

Uruguay has raised $700 million from an oversubscribed tap of its sustainability-linked bond (SLB), a year after its ground-breaking debut transaction.

The most common maximum coupon step-ups associated with sustainability-linked bonds (SLB) have risen sharply in 2023 amid rising interest rates and greater market scrutiny of the materiality of the performance-based instrument.

Fiji is looking to raise up to FJD20 million ($8.7 million) from its debut sovereign 'blue' bond, which will fund water and marine projects including nature-based coastal protection infrastructure.

Moody's Investors Service said annual sustainable bond issuance in 2023 was still "on track" to surpass 2022 levels, with the financial services firm reiterating its $950 billion forecast ahead of the UN COP28 climate summit next month.