Sovereign transition pricing is entering the fixed income investor playbook
New tools, data and analysis link sovereign bond performance to climate resilience
Fixed Income
UK’s first green bond issuance in five years meets strong investor demand
The UK raised more than £6bn with its first green gilt syndication in five years, which attracted strong investor interest despite challenging market conditions
UK set to launch green gilt, coupon set at 4.6%
The 2037 sovereign green bond is expected to be launched via syndication next week
Cleared for landing: airports are the latest unexpected issuers of sustainable bonds
Aeroporti di Roma has become the latest to join the ranks of airport SLB issuers but as issuances from airport operators increase, investor demand for accountability will rise too
Impax Asset Management eyes growth in fixed income
Impax chief executive Ian Simm expects Impax’s ‘first significant credit account win’ in the next quarter
Standard Chartered’s €1bn inaugural green bond oversubscribed
Proceeds from the issuance will finance eligible projects predominantly based in Asia, Africa and the Middle East
LifeSight DC Master Trust invests £400m in AXA transition credit fund
Willis Towers Watson’s LifeSight DC master trust has provided seed capital for AXA Investment Managers’ Carbon Transition Global Core Credit Fund
Green bond market: from niche instruments to core bonds
Johann Plé, senior portfolio manager and Rui Li, portfolio manager fixed income at AXA Investment Managers, examine how green bonds have evolved from a niche asset to a key source of portfolio diversification
IFC announces inaugural $100m climate transition bond investment
50% of the funds raised by Turkish bank QNB’s bond will finance projects in hard-to-abate sectors
Licence to drill: bond market exposure to the coming LNG bubble
As major energy firms ramp up LNG investment, the sector’s dependence on debt is prompting renewed scrutiny of the financial risks for bond investors involved.
Out now: Spark! Infrastructure: the LNG bubble
The third issue of Spark! zooms in on the role of infrastructure investment, covering both risks of stranded assets in LNG as well as emerging opportunities in transition assets