AfDB

If 2013 was the year when Socially Responsible Investments burst into the mainstream, then 2014 should be the year where issuers and bookrunners start pushing these instruments towards the same level of maturity seen in other sectors.

The European Investment Bank sold the first euro denominated green bond of the year on Monday, a tap of five year notes. The deal coincided with the release of Green Bond Principles, a set of voluntary guidelines for green issuance.

The first funding scorecard of 2014 takes a look at the funding programmes of some of the major supranational borrowers. Next week's scorecard will focus on European agencies.

This week's funding scorecard contains updates on some of the major supranational borrowers' funding programmes. Both the IFC and the World Bank have raised nearly two-thirds of their targets as the first half of their funding year comes to a close.

The African Development Bank is considering an Australian dollar deal to polish off its funding needs for the year, after being left with extra cash to raise on the international market.

This week's funding scorecard contains updates on some of the major supranational borrowers' funding programmes. Next Friday the scorecard will focus on a number of Europe's supranationals and agencies.

This week's funding scorecard contains updates on some of the major supranational borrowers' funding programmes. Next Friday the scorecard will feature selected European supranationals and agencies.

The African Development Bank was set to price a debut Green Bond in line with guidance on Thursday afternoon, as the order book topped the targeted size.

The African Development Bank mandated leads for its inaugural Green Bond on Wednesday afternoon, with a three year note expected to be priced on Thursday.

Export Development Canada (EDC) added to a busy week for dollar issuance on Thursday, successfully selling a five year deal. The leads were able to tighten the price from initial price thoughts while also securing an oversubscribed order-book.

Export Development Canada is the latest issuer to mandate for a five year dollar deal this week, offering initial price thoughts on Wednesday afternoon. The African Development Bank is also in the market with a five year deal, expected to be priced later in the afternoon. Syndicate bankers away from the deal suggested that the book building was progressing slowly, blaming a glut of recent supply.

The African Development Bank (AfDB) is set to continue a busy week of dollar issuance on Wednesday, when it plans to sell five year bonds. Dollar investors have been looking for attractive concessions despite the Federal Reserve’s decision not to slow its asset purchasing programme last week, though bankers on the AfDB deal used the success of a five year bond from Finland to push pricing in 1bp from their original target.