imported>Doug Williamson |
imported>Administrator |
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| ''Sustainability - sustainable finance - pricing.''
| | A parent company (investing company) controls a subsidiary. |
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| Greenium is a compound of "green premium".
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| In this context, greenium means the saving that an issuer can enjoy on its cost of borrowing, because it is issuing a green instrument.
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| Investors are willing to pay more - reflected in a reduced investment yield - for the perceived benefits of investing in the green instrument.
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| :<span style="color:#4B0082">'''''Issuers enjoy greenium'''''</span>
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| :"Investor interest in sustainability-linked bonds (SLB) is clear from the ‘greenium’ or pricing benefits issuers have enjoyed.
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| :Tesco’s [January 2021] SLB, for example, priced 15bps inside its secondary curve."
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| :''Agnes Gourc and Cecile Moitry - co-heads, sustainable finance markets - BNP Paribas - The Treasurer online - 10 June 2021''
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| == See also == | | == See also == |
| * [[Bond]] | | * [[Group]] |
| * [[bp]] | | * [[Group accounts]] |
| * [[Green]] | | * [[Letter of comfort]] |
| * [[Premium]] | | * [[Parent currency]] |
| * [[Return]] | | * [[Simple investment accounting]] |
| * [[Term premium]] | | * [[Subsidiary]] |
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:The_business_context]]
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| [[Category:Corporate_finance]]
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| [[Category:Investment]]
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| [[Category:Long_term_funding]]
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| [[Category:Compliance_and_audit]]
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| [[Category:Ethics]]
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| [[Category:Identify_and_assess_risks]]
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| [[Category:Manage_risks]]
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| [[Category:Risk_frameworks]]
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| [[Category:Risk_reporting]]
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| [[Category:Financial_products_and_markets]]
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