Archive

Nigeria plans sovereign green bond market return in September

The Nigerian government is planning to return to the green bond market for the first time in five years, as it outlines plans to become an annual issuer of the sustainable bond instrument.

Debut corporate sustainable bond issuance falls to record low in 2024

The global share of debut sustainable bond issuance has declined significantly in 2024 to "record lows", according to Barclays research - but US debut issuance has recorded a modest increase.

Sustainable Debt Round-up: European Investment Bank, CyrusOne, Deutsche Bank and more

Monte dei Paschi di Siena raises €750m from social covered bond debut

Monte dei Paschi di Siena (MPS) has raised €750 million ($810 million) from a social covered bond, which is the first sustainable bond issued by the Italian bank.

Mercedes-Benz issues first green asset-backed security

German firm Mercedes-Benz has raised CNY765 million ($105 million) from its first green asset-backed security (ABS), which is also believed to be the first instrument of this type from an overseas carmaker in the Chinese market.

Japan not currently seeking CBI certification for next transition bond

Japan is not currently looking to secure Climate Bonds Initiative (CBI) certification for its transition bond issuance later in July. This follows the sovereign stepping back from the certification process for its third deal in May.

Debut Deutsche Bank social bond 13-times oversubscribed

The debut €500 million ($537 million) social bond from German lender Deutsche Bank was more than 13-times oversubscribed by investors, feeding expectations the major green bond issuer will also become a regular in the social bond market.

Bond round-up: Chile, Dominican Republic, Mindspace ... and more

Turkish snack firm Ulker issues $550m sustainability-linked bond debut

Turkish biscuit and chocolate maker Ülker has raised $550 million from its debut sustainability-linked bond (SLB).

Sustainable bond market sees weakest first-half issuance for four years

Sustainable bond issuance in 2024 has crossed the $500 billion milestone in 2024, but remains 14% behind 2023 totals as all four major labels experience a slowdown and market share weakens.