Coefficient of variation and Green curve: Difference between pages
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imported>Doug Williamson (Create page - source - Reuters - 2 Sep 2020 - https://www.reuters.com/article/uk-bonds-green-germany-analysis-idUKKBN25T2ZS) |
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''Securities - borrowings - pricing - ESG.'' | |||
A green yield curve describes the prices of green securities trading in the secondary market, differentiated by their maturities. | |||
:<span style="color:#4B0082">'''''Germany to create a green curve'''''</span> | |||
:"Germany's green debt plan differs from peers such as France and the Netherlands in that each green bond sold will be matched with a conventional twin... | |||
:The structure will show investors the exact cost of going green. Until now, gauging the green premium meant examining an issuer’s regular yield curve to gauge where a hypothetical conventional bond identical to the green bond in question might trade. | |||
:'For the first time, we will be able to exactly see what the (green) premium looks like without having to do any maths, except for a simple "minus" calculation, one yield minus the other,' said Christoph Rieger, head of rates and credit research at Commerzbank in Frankfurt... | |||
:... accurately gauging relative issuance costs should convince more borrowers of the financial benefits of going green, said Piet Christiansen, chief strategist at Danske Bank in Copenhagen. | |||
:So Germany’s structuring of this issue could well be key in drawing more borrowers to the green market. | |||
:'When Germany will (create) a green curve, then this is what we will price the green projects off of. So it is really that there will be a benchmark of where green pricing will be, going forward,' Danske’s Christiansen said." | |||
:''Reuters - Yoruk Bahceli - 2 September 2020'' | |||
== See also == | == See also == | ||
* [[ | * [[Bond]] | ||
* [[ | * [[Green bond]] | ||
* [[ | * [[Green gilt]] | ||
* [[Maturity]] | |||
* [[Premium]] | |||
* [[Secondary market]] | |||
* [[Yield curve]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Corporate_finance]] | |||
[[Category:Investment]] | |||
[[Category:Long_term_funding]] | |||
[[Category:Compliance_and_audit]] | |||
[[Category:Ethics]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:Risk_reporting]] | |||
[[Category:Financial_products_and_markets]] | |||
Revision as of 13:44, 21 July 2021
Securities - borrowings - pricing - ESG.
A green yield curve describes the prices of green securities trading in the secondary market, differentiated by their maturities.
- Germany to create a green curve
- "Germany's green debt plan differs from peers such as France and the Netherlands in that each green bond sold will be matched with a conventional twin...
- The structure will show investors the exact cost of going green. Until now, gauging the green premium meant examining an issuer’s regular yield curve to gauge where a hypothetical conventional bond identical to the green bond in question might trade.
- 'For the first time, we will be able to exactly see what the (green) premium looks like without having to do any maths, except for a simple "minus" calculation, one yield minus the other,' said Christoph Rieger, head of rates and credit research at Commerzbank in Frankfurt...
- ... accurately gauging relative issuance costs should convince more borrowers of the financial benefits of going green, said Piet Christiansen, chief strategist at Danske Bank in Copenhagen.
- So Germany’s structuring of this issue could well be key in drawing more borrowers to the green market.
- 'When Germany will (create) a green curve, then this is what we will price the green projects off of. So it is really that there will be a benchmark of where green pricing will be, going forward,' Danske’s Christiansen said."
- Reuters - Yoruk Bahceli - 2 September 2020
