RBC Capital Markets reports it advised on $6 billion of green SSA bond issuances across currencies across sovereign, supranational and agency (SSA) markets in 2025.

In Australia, RBC acted as International Sustainable Finance Advisor to Queensland Treasury Corporation (QTC). It supported the development of the Sustainable Bond Framework aligned with International Capital Market Association principles, while introducing enhanced technical screening and disclosure standards that exceeded local norms.

RBC also maintained a dominant position in Canada, leading six of nine public sector green bond transactions, including mandates for the Government of Canada and the Province of Ontario.

In giving the firm this award, the judges said that it shows consistent strength in the SSA green bond market.

They also said that the recognition in global league tables reinforced its execution capability and cross-currency expertise. It was felt, too, that the breadth of activity across SSA issuers reflects strong client trust and reliable market performance.