Ahren Lester

Articles by Ahren Lester

  • AfDB launches ground-breaking 'sustainable hybrid' bond

    30 January 2024

    The African Development Bank (AfDB) has launched the first 'sustainable hybrid capital' bond from a multi-lateral development bank (MDB).

  • S&P DJI to create carbon budget-focused index for PenSam

    30 January 2024
  • Texas brands Barclays 'fossil fuel boycotter' alongside muni bond ban

    29 January 2024

    The Attorney General of Texas has banned Barclays from underwriting municipal bonds in the oil rich US state after it classified the UK-listed bank as being a "fossil fuel boycotter".

  • 'Mixed' climate disclosure regulation 'impacting sustainable bond issuance'

    26 January 2024

    Emerging climate disclosure regulations are keeping some issuers "on the sidelines" of sustainable bond markets, according to Moody's Investors Service - but the shift to mandated disclosures should spur more issuance over the long-term.

  • World Bank issues $100m plastic waste reduction-linked bond

    26 January 2024

    The World Bank has raised $100 million from a ground-breaking outcomes-based bond that links its coupon payments to verified plastic and carbon credits generated by projects in Ghana and Indonesia.

  • Fannie Mae, Freddie Mac prepare for single-family social bond debut in June

    25 January 2024

    Fannie Mae and Freddie Mac are expecting to issue their debut single-family social bonds from June, after the US government-owned mortgage providers published frameworks including an updated 'mission index' for eligibility.

  • Moody's: Sustainable bond issuance set to remain 'resilient' in 2024

    24 January 2024

    Sustainable bond issuance in 2024 is expected to remain flat at around $950 billion with growth in green and sustainability bonds expected to offset weakness for social and sustainability-linked bonds, according to Moody's Investors Service.

  • Moody's: Sustainability-linked bonds face 'pivotal' 2024 as quality concerns persist

    24 January 2024

    2024 could prove a "pivotal" year for sustainability-linked bonds (SLBs) as they continue to demonstrate a sustainability quality gap compared with use-of-proceeds instruments, according to second-party opinion provider Moody's Investors Service.

  • Bond round-up: AfDB, Austria, Mexico ... and more

    24 January 2024
  • LCH launches green bond repo collateral basket

    23 January 2024

    LCH RepoClear has launched its first dedicated euro-denominated green bond general collateral basket for repo products.