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Bank of America Merrill Lynch has made a double hire from Deutsche Bank, adding Adrien de Naurois and Hiren Gudka to its SSA team.
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Bank of America Merrill Lynch has made a double hire from Deutsche Bank, adding Adrien de Naurois and Hiren Gudka to its SSA team.
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Uncertainty over the status of bonds under the rules for the Basel III liquidity coverage ratio is making some SSA issuers nervous and helping to widen the spreads of borrowers on the cusp of falling into the second tier.
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Solactive, the German index provider, has launched the first index of green bonds — the fast-growing category of bonds with proceeds earmarked for specifically enviromental uses. The initiative was welcomed by some market participants as a move that could raise the profile of green investment and help fund managers. But it is also the first formal delineation of the green bond market — an issue that could prove controversial, writes Jon Hay.
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Solactive, the German index provider, has launched the first index of green bonds – the fast-growing category of bonds with proceeds earmarked for specifically enviromental uses.