Bonds

Europe’s central bank says it will take ‘remedial action' on pathway deviations as staff pension fund almost entirely ditches fossil fuels.

Regulator says rules ensure consistency with benchmark regulation even as ICMA calls for special treatment of some green bonds and SLBs.

New exclusions under ESMA naming rules could take out significant numbers of green bond issuers, especially utilities, investors warn.

US housing giant reports start for single-family social bond format despite data restrictions.

Investors should be on the look out for policy risk after New Zealand cancels flagship hybrid ferry project set to be funded by green bonds.

The group has also removed demands for investor access to development banks' joint credit risks database.

The latest developments in sustainable finance: ‘Strong’ preliminary results on US bank green finance proposals, says NYC comptroller; UK Treasury and IA say defence companies ‘compatible’ with ESG.

Market participants report waning enthusiasm for structure as next round of corporates face coupon step-ups.

The latest developments in sustainable finance: NBIM cracks down on gender diversity; Iceland raises €750 million from its inaugural green bond.

The latest developments in sustainable finance: PRI launches consultation on new strategy; UK issues call for evidence for transition finance market review.