Green finance: how greenium is evolving

In this series of articles, Nadège Tillier, Padhraic Garvey, Benjamin Schroeder and Antoine Bouvet examine corporate greenium in the euro market, greenery in the sovereign and SSA space, the emerging market pioneers in green and sustainable bonds, and more

In this bundle

What the greenium tells us now and how it is evolving by sector

A higher price for green versus grey issuance (the greenium) is not a guarantee, but it remains typical, even if lower these days. We identify how the…

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Corporate greenium in the euro market: visible premium and lower volatility

Rates

Sustainability

Corporate greenium in the euro market: visible premium and lower volatility

Amid growing interest in green bonds, the question around 'greenium' is certain to interest capital market participants for a long time. Our…

US corporates see a decent greenium too

While US corporates have been late starters, many now have skin in the ESG issuance game. A greenium is part of the package, but not necessarily the…

Sovereign and SSA: the vain search for a greenium benchmark

Rates

Sustainability

Sovereign and SSA: the vain search for a greenium benchmark

Sovereign and SSA paved the way for other green bond issuers. Even in these mature markets, we find wide discrepancies in how greenium is priced. Data…

The emerging market pioneers in green and sustainable bonds

Environmental, social, and corporate governance issuance in emerging markets has become a thing in recent years. The draw has been diversification and…