European Investment Bank (EIB) launched a new, long five-year, minimum A$300 million (US$207.8 million) climate-awareness bond, on 27 May. The forthcoming transaction has indicative price guidance of 38 basis points area over semi-quarterly swap.
The Australian Sustainable Finance Initiative (ASFI) aims to “set out a roadmap for realigning the finance sector to support greater social, environmental and economic outcomes”. Following its launch at the end of March, KangaNews spoke to seven member institutions of the ASFI steering committee about the initiative’s goals and how they will be measured.
CAF – Development Bank of Latin America (CAF) is about to celebrate its 50th anniversary. Gabriel Felpeto, chief financial officer at CAF in Bogotá, reflects on the supranational’s evolution as a lender, recaps its emergence as Australia’s first Latin American issuer, and discusses the development of green and social bonds. CAF has been active in the Kangaroo market since 2013, and now has more than A$1.3 billion (US$930.3 million) on issue (see chart).