EIB

A group of supranationals has published guidelines to green bond impact reporting, which it is hoped could make comparing green bonds easier for investors.

European Investment Bank tapped a short dated sterling benchmark on Tuesday as bankers in the sector predict more supply in the currency.

While the public sector bond market in euros faces uncertainty, dollars is providing borrowers with a haven for issuance.

European Investment Bank this week became the first SSA name to sell long-dated kangaroo paper to Japanese investors following the start of their new financial year.

The first update of the Green Bond Principles (GBP) has been revealed, as the green bond market looks forward to another strong year of growth in 2015 and more robust institutional underpinnings.

KfW has taken a further step toward diversifying the green asset class by printing the largest ever Australian dollar green bond. But on the eve of new green bond guidelines being published on Friday, supply is still lacking, according to specialists.

KfW has opened books on its first ever green Kangaroo bond, which is only the second syndicated deal in the format from an SSA issuer.

The European Investment Bank this week sparked a vehement discussion over new issue premia in euro benchmark issues in the era of European Central Bank quantitative easing.

The EIB has tapped the largest outstanding green bond in the market and could have created the first negatively yielding primary supply in the format, said SSA bankers.

Supranational and agency borrowers plunged into dollars this week after the quietest January of issuance since 2007 led to white hot demand and the biggest ever single week of for new issues. Despite the onslaught of supply, not one of nine benchmarks, including a $500m green bond, fell shy of full subscription.

Rating: Aaa/AAA/AAA

Public sector borrowers will feel the pressure in February to catch up on funding after the European Central Bank all but stopped new issuance at the end of January — SSAs’ busiest month of the year. The announcement of quantitative easing caused bond yields to tumble and left issuers and bankers puzzled over where they could price a new benchmark.