Issuers of debt for environmental, social and governance purposes can save as much as 25 basis points in financing costs because of insatiable demand, according to
- “The green bond is actually pricing through an issuer’s non-green curve,” said
Philip Brown, Citi’s head of public sector debt capital markets. “This can be anything from 15 basis points to 20 basis points, even 25 basis points”
- “This is probably here to stay because investors want this product,” Brown said at Citi’s Financing A Greener Planet event Monday
- Portfolio rebalancing amid rising Treasury yields presents an opportunity for investors...