Focus on green covered additionality, says Pimco’s Boehm

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Focus on green covered additionality, says Pimco’s Boehm

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ADDITIONALLY - word made from red foil balloons - 3D rendered. Can be used for an online banner ad or a print postcard. | Chris Titze/Chris Titze Imaging - stock.adobe.com

Green covered bond issuers should make sure to bring 'additionality', according to Timo Boehm, portfolio manager at Pimco. He also indicated that these deals did not deserve favourable pricing treatment.

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