Report on EU Green Bond Standard; Green Bonds Issuance Reaches $100 Billion 1H 2019
EU Green Bond Standard, if implemented, will raise the bar on standards and may increase cost of issuance On June 18, 2019, the Technical Expert Group on Sustainable Finance (TEG) of the European Commission published its Report on EU Green Bond Standard. The report proposes that the Commission create a voluntary, non-legislative EU Green Bond […]
Citigroup is latest US top bank to issue green bonds
Citigroup issues €1 billion three-year fixed-rate green note Last week Citigroup, whose senior debt is rated Baa1/BBB+, became the latest in a string of large US banks operating in the US to issue a green bond. Citigroup is the fourth bank among the top 10 ranked financial institutions to issue a green bond, having been […]
1H 2017 Green Bond Issuance in the U.S. Led by Tax-Exempt Transactions
In the first six months of the year through June 30, 2017, 29 U.S. entities issued an equivalent number of taxable and tax-free green bonds valued at about $8.0 billion. This is roughly in line with U.S. issuance during the first 6 months of 2016. Worldwide volume, on the other hand, reached $49.1 billion so […]