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Blog Mailing

The review: first ever green covered bond (Pfandbrief) issued by German giant BerlinHyp - EUR500m, 7yr, 0.125%, AAA and 4x oversubscribed! Wunderbar!

The first EVER green Pfandbrief is a hit with 4x oversubscription AND 15 brand new investors for BerlinHyp! Plus it’s greening the cover pool – which is seriously cool! EUR 500m ($545m), 7 yr, 0.125%, Aaa/AA+

Weekly blog: TfL’s £400m green transport bond big success / China's first on the way / first M&A green bond for Senvion / NIB back in market with SEK 1bn ($116m) 5yr / littlies from EBRD, World Bank, City of StPaul, Mytrah Energy / + gossip

Development Bank issuance

Nordic Investment Bank issues its third green bond (SEK 1bn ($116m), 5 yr, 0.155%, AAA)

Nordic Investment Bank (NIB) has issued a SEK 1bn ($116m) green bond, its third SEK denominated green bond issuance (they call them Nordic Environmental Bonds – NEBs). The bond has a 5 year tenor, coupon of 0.155% and was rated AAA by S&P. SEB and Credit Agricole-CIB were the joint bookrunners for the deal.

Talks this month: Vienna 8 May / San Francisco 12 & 13 / Vancouver 15th / Shanghai 18th / Beijing 19 & 21 May / London 3 June / Lisbon 5 June

Please come and say hello if you're at any of these events I'm speaking at:

8 May – Vienna (Austria): Kommunalkredit’s “Innovative Development Finance Workshop 2015”.

Invite: San Francisco Climate Bonds Update, 12 May 2.30-4.30pm. Sean Kidney on: a rocket green bonds mkt, Green City Bonds, stirring China, and how we can use green bonds to change the global narrative around climate change

Join us in San Francisco next week, 12 May 2015, for a briefing from Sean Kidney on what's happening and where we're going with the bubbling green & climate bonds market.

2.30pm for a 3.00pm start. Ends 4.30pm.

Topics:

1-3月期総括:グリーンボンド発行は72億ドルと控えめな立ち上がり。しかし通貨分散と低格付け債発行で成熟化を確認。新興国債、地方債の発行が活発。(Q1 rpt in Japanese)

Quarterly market updates will now be published in Japanese and Chinese.日本語版ブログ配信をご希望の方は黒田一賢(info@climatebonds.net)までご連絡ください。