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  • New bond issuance from local government financing vehicles in China has taken a beating recently, as Beijing hardens its stance on keeping the country’s ‘hidden debt’ problem under control. But the challenging times are likely just beginning, writes Addison Gong.
  • The Instituto de Crédito Oficial, Spain’s promotional bank, is holding a series of investor meetings to promote a new green bond.
  • SRI
    Bank of America has set up an EMEA ESG strategic council chaired and led by three senior investment bankers, to intensify its effort to reduce its carbon footprint and manage its climate risks.
  • SSA
    Greece and NRW.Bank added to the week’s primary euro public sector supply on Wednesday ahead of a closely watched European Central Bank governing council meeting on Thursday.
  • Bond market participants will be on tenterhooks for the European Central Bank’s latest monetary policy decision on Thursday. The rapidity of the European recovery, and the apparent return of inflation have stoked fears that the ECB would begin to discuss tapering its asset purchase programmes.
  • Europe’s holiday from the budget constraints of the Stability and Growth Pact will soon be at an end, but few are eager to return to austere times and limited borrowing. The EU’s sustainability agenda is a clear way around it.
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