Top Section/Bond comments/Ad
Top Section/Bond comments/Ad
Most recent
Revival in overseas demand for French SSA paper
Deal will bring fourth major multilateral development bank to the market
◆ Other options on table but issuer opts for two taps ◆ ‘Huge books’ now a norm for the issuer, clear NIP this time ◆ EU’s curve evolves to resemble that of EGB peers
◆ Tightest level since IFC's three year print ◆ Investors recycle redemptions ◆ Programmatic and pragmatic approach
More articles/Ad
More articles/Ad
More articles
-
The Asian Development Bank this week sold its first gender bonds in Canadian and Australian dollars as part of what the borrower describes as its commitment to supporting projects that promote gender equality and women’s leadership. -
The feverish demand in the SSA dollar market appears to be waning after a period of abundant supply. While deals on Wednesday seemed to go well, the results were perhaps less remarkable than for some of last week’s outings.
-
The MTN market’s increasing focus on SSA issuance over the last year will ensure a steady flow of deals through the upcoming bank reporting season.
-
The detailed rules for the EU Taxonomy of Sustainable Economic Activities look set to come into force, as the European Commission published them on Wednesday, after weeks of intense lobbying and negotiation that had raised the prospect of them being delayed again. Gas will not enter the Taxonomy for now and will be dealt with in separate legislation, but nuclear power could enter the Taxonomy later this year, alarming greens.
-
Germany’s Federal Constitutional Court said on Wednesday that it will not block the ratification of how the EU finances its budget, meaning the bloc will likely be able to start borrowing to fund its pandemic recovery fund in July.
-
The New Development Bank is planning to issue most of its future bonds in a green, social or sustainable format as part of its commitment to sustainable finance, according to Leslie Maasdorp, NDB’s chief financial officer. Asian Infrastructure Investment Bank announced its own sustainable development bond framework this week.
