Latest News

Refine news

US private placement investors admit they have not historically been market leaders when it comes to environmental, social and governance integration. A changing world is shifting the landscape, although it may not lead to a significant influx of green-bond issuance.

US private placement investors admit they have not historically been market leaders when it comes to environmental, social and governance integration. A changing world is shifting the landscape, although it may not lead to a significant influx of green-bond issuance.

KangaNews is your source for the latest on the COVID-19 pandemic’s impact on Australasian debt capital markets. Find all our market news coverage, as well as the COVID-19 diaries, a series of anonymous Q&As taking the pulse of how market participants are adapting to a new work-life environment.

US private placement investors admit they have not historically been market leaders when it comes to environmental, social and governance integration. A changing world is shifting the landscape, although it may not lead to a significant influx of green-bond issuance.

US private placement investors admit they have not historically been market leaders when it comes to environmental, social and governance integration. A changing world is shifting the landscape, although it may not lead to a significant influx of green-bond issuance.

Click the links below for KangaNews market analysis and issuer announcements relating to COVID-19:

US private placement investors admit they have not historically been market leaders when it comes to environmental, social and governance integration. A changing world is shifting the landscape, although it may not lead to a significant influx of green-bond issuance.

Australia and New Zealand historically offered a perfect combination of factors for US private placement (USPP) investors: solid credit quality and asset bases married to relatively high yield. Yield has fallen, but issuers remain confident of the support they will receive in USPP deals.

By their nature, semi-government issuers should have access to plenty of options suitable for use-of-proceeds green, social and sustainability (GSS) bond issuance. Identifying, labelling and reporting on them is the challenge.

The primary investor base for Australian dollar EMTN deals is still Asian accounts. The makeup of this investor base has shifted, though. It is now based more on funds looking for value and currency exposure rather than on those seeking trading returns.

Strategists say Australian bond outperformance may not be able to continue throughout 2020. But they also do not expect a dramatic spread reversal to emerge.

New Zealand Debt Management (NZDM)’s Kim Martin talks about the government issuer’s strategy for dealing with a higher funding requirement and the global inflation outlook, changing offshore investment drivers and the response to the government’s Wellbeing budget.