EU Green Bond Standard approaches final formal step
The EU Green Bond Standard (EU GBS) has taken another formal step towards its final passage into law after the European Council officially adopted the first regulation for green bonds in the world, clearing the way for its final signing into law by late November.
Enel SLB target miss 'to cost it $27m'
Investors are not pricing in the expected Enel sustainability-linked bond (SLB) target miss at the end of 2023 which could trigger a coupon step-up for more than $10 billion worth of debt, according to the Anthropocene Fixed Income Institute (AFII).
Calvert Impact raises $30m from initial C-PACE 'Cut Carbon' bond issuance
Calvert Impact Capital has issued its first 'Cut Carbon Note', with future deals expected to grow the amount raised by the performance-incentivised instrument to $400 million.
Middle East sustainable bond issuance surges ahead of COP28
Total sustainable bond issuance from Middle East issuers is already at a record annual total in 2023 as corporates and sovereign issuers set new highs ahead of what could be a busy final three months.
Third quarter sustainable bond issuance slumps on green bond lull
Sustainable bond issuance in the third quarter of 2023 sunk to levels not seen for three years, as green bonds struggled to cross the $100 billion quarterly total for the first time since 2020.
Chile raises UF24m from landmark sustainability-linked bond
Chile has raised UF24 million ($925 million) from its first sovereign sustainability-linked bond (SLB) issued in the local non-circulating currency, with the inflation-linked deal more than three times oversubscribed and attracting international investors.
Green, social bonds 'perform better' than sustainability bonds
A sustainable fixed income investor prefers dedicated green and social bonds over sustainability bonds because they perform better in secondary markets.
Bond round-up: Netherlands, Uzbekistan, AIB ... and more
Brazil: Biodiversity, poverty prominent in sustainability bond debut plan
The Brazilian government has confirmed as much as 18% of its debut sovereign sustainability bond will be committed to biodiversity projects, with clean transport, renewable energy and combating poverty also key financing targets for its maiden bond.