The World Bank has selected a trio of banks for a new 15 year Sustainable Development Bond (SDB), its first euro benchmark of its 2020/21 fiscal year. Elsewhere, the Republic of Korea scooped €700m with its return to the euro market after a six year absence.

Europe’s high grade corporate issuers are increasingly dipping their toes into sustainability bonds, with telecoms company Orange and fashion house Burberry bringing debut deals.

Caisse d’Amortissement de la Dette Sociale (Cades) made an impressive debut in the social bond market on Wednesday with the biggest ever deal in the format by any issuer, overtaking the previous record set by Unédic earlier in the year.

Fotowatio Renewable Ventures, the Madrid-headquartered renewables company, has signed the first Climate Bonds-certified green transaction in Spain with a €64m green loan, in a deal expected to make the environmentally conscious market in the country more transparent for lenders.

The European Union is about to kick-start its huge borrowing programme for the Support to Mitigate Unemployment Risks in an Emergency (SURE) fund later this month. It is expected to bolt on additional financing needs for its recovery fund too, once that has been ratified. That could mean up to €100bn of new supply by the end of next year. Printing that as sustainability bonds will give that market the best fillip it could wish for. The EU must seize this opportunity given its commitment to the cause.

As Caisse des Dépôts et Consignations (CDC) returned to the sustainability bond market on Tuesday to sell its second bond in the format, fellow French agency Caisse d’Amortissement de la Dette Sociale (Cades) mandated for its own sustainability bond debut.

New changes will allow for 'more intuitive' analysis and increase maximum covered bond rating uplift

Fitch has replaced Moody's as main rater

Bifurcation is emerging in how investors treat the hyperscalers

Lessor's $717m deal shows aircraft lease ABS spreads back at pre-war levels

Spreads widen after string of surprise jumbo tech trades

Alphabet, Amazon and Oracle may give bond market a rest

Books multiple times covered as company seeks money for energy investments

Deal to recoup costs to pay for 2018 Woolsey fire damage

Enpal plans its fourth issuance for later this year

Few sub-Saharan African issuers have issued Samurai and fewer without a guarantee

Break-up with Fitch over downgrade has not put off investors

Strong appetite from international banks for first gigascale 24/7 solar plant

Issuer has set the stage for peers to return to public market

Uneventful ECB passes as SSA bankers say bigger risk is energy shock lasting into August reopening

The trade may persuade other top-tier GCC sovereigns that the public market is open

US drug company Eli Lilly jolted the dollar market awake on Wednesday with an eight-part jumbo trade to fund two recent acquisitions

The US dollar market buoyant this week despite escalating hostilities in the Middle East

Redwood will be a repeat issuer