market-report

Wkly Update: 1st labelled GB from ADB ($500m, 10yr) a hit with Asian investors / 1st GB frm pure-play wind co Vestas: EUR 500m ($527m, 7yr)/ OPIC $46.5m (10yr) guarantee for wind/Bangchak’s ‘GB’ still a question mark - no public details confirmed

Submitted on Tue, 2015-03-17 13:53

This week saw the first labelled green bond from the Asian Development Bank (ADB), which marks an important step forward from a leader in the Asian market. Pure-play wind power company Vestas closed its inaugural labelled green offering - important because it opens the door to other pure-play companies that have the potential to issue green. Another green guarantee was issued by OPIC with proceeds funding a wind project in Pakistan. 

Weekly Update: Florida's City of Venice issues $15.4m green muni / Solar Star Funding $325m & Gwynt y Mor £339.2m ($524m) / UK Labour promotes retail green bonds / Sweden SPP green bond fund / IFC supports green mkt in India

Submitted on Mon, 2015-03-09 18:12

The green and climate bonds covered in this week’s blog are: Florida’s second green municipal water bond, an unlabelled climate bond for SolarStar in California and an unlabelled climate bond for transmission links for off-shore Wind in the UK.  In other market development news; UK’s Labour Party proposes green retail bonds as an elction policy, Swedish insurers SPP will establish a green bond fund and IFC supports the growth of an Indian green bond market.

Weekly Update: EIB EUR400m ($450m) GB @negative yield! / India’s 1st GB from YesBank closes @INR10bn ($161m), 2x initial / DeutscheBank makes EUR1bn GB commitment / North Rhine-Westphalia brewing / Thai Govt oilco to issue GB

Submitted on Mon, 2015-03-02 13:26

EIB taps EUR400m from 2019 AAA Climate Awareness Bond — and prices at a negative yield!

Weekly update: World Bank issues its longest ever tenor: 30yr $34m + its biggest ever: $600m green bond in same week. More from Vasakronan: $14.2m + green bonds in EU Cap Mkt Union green paper

Submitted on Fri, 2015-02-20 17:49

Big news from the World Bank this week with two green bonds issued: the first is a long 30 year tenor for insurance giant Zurich and the second is the World Bank’s biggest ever green issuance of $600m. Repeat issuance seems to be the theme of the week with another green bond from Swedish property company Vasakronan.

Oooh India!! Yes Bank going for India’s first green bond / India’s amazing renewables buzz / Minister asks “how can we help?” – that’s the kind of Minister we want / Indian Green Bond Mkt Dvlpt Cttee

Submitted on Thu, 2015-02-19 00:44

Monday. I’m in Delhi, in the bowels of the old, once-splendid Ashok Hotel, caught in a scrum of people trying to get our RE Invest conference registrations.  “I guess it’s just crowded India” I think, then the guy behind the desk tells me they’ve had twice as many registrations as expected for this year’s conference, and people are still coming in. Ahhh.