Archive

SEBI targets social, sustainability-linked and securitised debt in rule extension

The Securities and Exchange Board of India (SEBI) is considering expanding its green bond framework to include social, sustainability and sustainability-linked fixed income instruments and securitised debt.

'Green bonds cheaper than ever before'

The "yield disadvantage" of corporate green bonds compared with their 'vanilla' equivalents has "decreased significantly" in several areas of the market - making them an "interesting addition" to sustainable fixed income portfolios, according Zürcher Kantonalbank (ZKB).

ICMA sustainable commercial paper guidance expected in 2024

The International Capital Market Association (ICMA) is expecting to publish long-awaited guidance on issuing sustainable commercial paper (CP) by the end of 2024 as interest in the instrument grows.

Sustainable Debt Round-up: Volkswagen, NY State Electric & Gas, EcoPro Global Hungary... and more

World Bank issues landmark Amazon reforestation-linked bond

The World Bank has raised $225 million from its biggest ever outcomes-based bond that links its coupon payments to verified carbon removal credits generated by reforestation projects in the Amazon rainforest in Brazil.

Thai power firm PEA readies debut sustainability bond

State-owned Provincial Electric Authority (PEA) is raising THB1 billion ($28 million) from its debut sustainability bond.

Asian sustainable bond crosses $1trn milestone

Cumulative sustainable bond issuance from Asian issuance has crossed $1 trillion, but 2024 could be the first year the region doesn't report new annual record issuance.

US, Australia become 'SLB deserts' in 2024

The significant slowdown in sustainability-linked bond (SLB) issuance has resulted in some countries which were previously active markets for the performance-based instrument not seeing a single deal in 2024 to date, including the US.

BasisBank issues 'landmark' sustainability bond in Georgia

BasisBank has become the first commercial bank in Georgia to issue a sustainability bond, with the Tbilisi-based lender raising an initial $20 million from the deal.

Sustainable bonds getting 'more explicit' and focused on usage plans

Sustainable bond issuers are getting more comfortable with being increasingly focused and explicit around their use-of-proceeds intentions as investor expectations evolve, according to NatWest.