Asian bonds are narrowing the ESG gap
Pinebridge’s Arthur Lau looks at the E, S and G in the Asian fixed income market
Pinebridge’s Arthur Lau looks at the E, S and G in the Asian fixed income market
Low interest rate environment continues to present challenges for the bond market
Social bonds raised $147.7bn in 2020 – more than seven times the $20bn figure in 2019 But is the trajectory likely to continue? Malika Takhtayeva, ESG analyst, sustainable fixed income lead at BNP Paribas Asset Management, believes the massive increase in money raised underscores their appeal as a potentially significant force for effecting social changes…
The 15-year bond will exclusively back green projects
The 12-year bond is priced at a yield of around 0.9%
Europe and the US have the most ESG bond funds, and passive and impact products are gaining popularity
NextGenerationEU green bond framework puts EC on track to issue €250bn in green bonds between now and the end of 2026
Questions surrounding vague details, interest rates and issuance amount but a ‘good start’ nonetheless
RCB sustainability bond framework classifies social, green or sustainable bonds