Amundi-EIB fund to seek riskier green bonds
Amundi and the European Investment Bank are collaborating on a new €1bn fund aimed at bringing the benefits of green bond funding to smaller issuers in the EU and those with weaker credit quality. They will originate deals through a network of banks.
“The ambition is to kick off a segment for the green fixed income market that is not developed — green high yield bonds, securitization and private debt,” said Jean-Jacques Barberis, head of institutional and corporate clients coverage at Amundi in Paris.Most green bonds do little or nothing ...
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