May 2019 – Green, Social and Sustainability Bonds

Bumper dollar covered first highlights LBBW green ambition

28 May 2019

Landesbank Baden-Württemberg aims to build green benchmark curves, after having expanded and more than doubled its green bond portfolio, and wrapped up EUR750m senior and $750m covered bonds in the space of a week, the latter – the first dollar green covered bond – attracting unusually strong demand inside fair value.

Green/ESG CP: Pioneering steps

The expansion of green, social and sustainable or sustainability-linked formats into short term instruments has the potential to boost overall volumes and impact, and pioneers have already begun testing appetite in the commercial paper market. However, the sector’s intrinsic characteristics raise questions over how to best exploit its potential. In this special Sustainabonds report, sponsored by ABN AMRO, Neil Day explores experience to date and asks what could catalyse growth.