Crédit Ag and Axa do transition bond demo

Crédit Agricole CIB has issued the first transition bond to be structured according to Axa Investment Management’s guidelines for this embryonic product, published in June. The €100m private placement, bought by Axa Group, was designed to demonstrate how the market could work.

  • By Jon Hay
  • 28 Nov 2019

“We wanted to do something that was pragmatic, to show to the market that this could be brought to life,” said Yo Takatsuki, head of ESG research and active ownership at Axa IM in London. “It’s an important milestone in the development of this asset class.”

There has ...

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Global Green Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 14.60 67 7.16%
2 Credit Agricole CIB 10.87 67 5.33%
3 HSBC 10.35 74 5.07%
4 BNP Paribas 10.27 65 5.03%
5 Citi 9.59 60 4.70%