Tomorrow (30 Sep), we will be co-hosting a webinar with the CalSTRS at:
Here is a quick summary of two interesting repeat issuances from the last few weeks.
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World Bank issued a USD 50m 2 year callable green bond to meet investor demand from California State Teachers Retirement System (CalSTRS). The coupon is floating at 3-month USD LIBOR + 0.10% per annum. The sole underwriter for the deal was Barclays.
According to Pensions & Investment magazine: "Money managers, institutional investors and others are combining efforts to drive the nascent green bonds market forward, and the fruits of their labor are becoming apparent."
It's an all-cast story, with quotes from CalSTRS, SSgA, UKSIF, SEB, IIGCC, AP3, Nikko, Calvert (if you know all the acronyms you qualify as a green bond groupie). The story also mentions the Climate Bonds Standards.
