VW 15bp through fair value? Of course!

Volkswagen VW electric ID3 car from co for use 21Aug20 575x375
By Jon Hay
17 Sep 2020

Large pricing advantages for green bonds are becoming not just common, but normal.

When Daimler brought its first green bond to market at the beginning of September, it priced the €1bn 10 year at 105bp over mid-swaps, 20bp to 25bp through fair value.

Its head of corporate finance Peter Zirwes said then that Daimler had hoped bringing a green bond ...

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