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The trade is the first from a 'mid-tier' Uzbek lender
The dollar market is offering cheaper funding at the shorter end
Victoria Power Network makes first appearance in the currency
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How to respond to climate change and environmental sustainability were “of central importance” in the European Central Bank’s review of its monetary policy framework, the ECB said on Thursday as it published the results of the long-awaited review. It has designed a detailed roadmap for incorporating climate considerations across its monetary policy activities, including corporate bond purchases — but environmentalists are likely to be disappointed with the slow pace of reform.
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The Republic of Uzbekistan is seeking to capitalise on a successful dual currency bond it sold just months ago, by returning to the bond market to sell a dollar and Uzbek som bond that also includes a sustainable element.
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The London branch of South African lender Investec has successfully debuted in the sustainability-linked syndicated loan market.
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Sichuan Languang Development Co’s onshore bonds took a beating this week after its domestic rating was downgraded by three Chinese credit rating agencies, with the clock ticking for the repayment of Rmb2.7bn ($417.5m) of maturing and puttable bonds later this month. Addison Gong reports.
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa