Japanese transition bonds could help refine concept of transition finance, says Axa IM
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 becomes just fifth sovereign social bond issuer
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.
Bond round-up: Mamoura, France, Uruguay ... and more
Japan confirms CCS, nuclear and aviation in sovereign transition bond framework
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.
Abu Dhabi Islamic Bank readies debut green sukuk ahead of COP28
With COP28 looming, Abu Dhabi Islamic Bank (ADIB) has mandated five banks to market its debut US dollar-denominated green sukuk deal.
Uruguay raises $700m from sustainability-linked bond tap
Uruguay has raised $700 million from an oversubscribed tap of its sustainability-linked bond (SLB), a year after its ground-breaking debut transaction.
Sustainability-linked bond coupon steps jump higher in 2023
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 launches debut sovereign 'blue' bond
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.
Bond round-up: AFD, Austria ... and more
Moody's: 2023 sustainable bond issuance 'still on track' for $950bn
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.