Green covered bond supply expected to rise

By Bill Thornhill
29 Jun 2018

The proportion of green covered bonds in the market could rise substantially as regulators push for greener finance and banks focus increasingly on financing of green assets, according to a report published this week by Standard & Poor’s.

To date only six covered bond banks have issued deals that fund green mortgages but, in a report published on Thursday by S&P, the agency said “that the proportion of green covered bonds could rise significantly.”

Green covered bonds attract new investors, leading to increased demand ...

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