Bearer bond and Green bond: Difference between pages

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A bond/security that is not registered in the name of a specific owner.  The owner of the bond is the person who holds it. Thus, title to the bearer bond is transferred through delivery.
A green bond is not a particularly tightly defined term, but is generally thought of as a fixed income instrument launched to fund specific environmental or green projects such as projects to reduce CO2 emissions.   
 
Principal and interest were historically paid, upon presentation of coupons, to a paying agent though nowadays bearer bonds usually operate by book entry, whereby investors buy and sell their interests in a global note representing the entire issue and held within the clearing system.
The amounts issued have grown rapidly, according to information collated by the Climate Bonds Initiative, a non profit organisation established in 2010. However, total amounts issued remain a relatively small proportion of total bond issuance.
 
Guidelines for green bonds, the Green Bond Principles, have been issued by a group of 25 leading banks, coordinated by the ICMA ([[International Capital Market Association]]), to establish a voluntary framework for these instruments.  




== See also ==
== See also ==
* [[Bearer instrument]]
* [[Fixed income]]
* [[Bond]]
* [[Sustainability bond]]
* [[Greenwash]]
 
 
===Other links===
[http://www.icmagroup.org/Regulatory-Policy-and-Market-Practice/green-bonds/governance-framework/ Green Bond Principles]


[http://www.ft.com/cms/s/0/42ad7b66-e64e-11e3-bbf5-00144feabdc0.html#axzz330jqfNJo Green bond credentials under scrutiny]

Revision as of 14:58, 11 August 2015

A green bond is not a particularly tightly defined term, but is generally thought of as a fixed income instrument launched to fund specific environmental or green projects such as projects to reduce CO2 emissions.

The amounts issued have grown rapidly, according to information collated by the Climate Bonds Initiative, a non profit organisation established in 2010. However, total amounts issued remain a relatively small proportion of total bond issuance.

Guidelines for green bonds, the Green Bond Principles, have been issued by a group of 25 leading banks, coordinated by the ICMA (International Capital Market Association), to establish a voluntary framework for these instruments.


See also


Other links

Green Bond Principles

Green bond credentials under scrutiny