Cost saving centre and Green curve: Difference between pages

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Treasury cost saving centres are a more risk-tolerant variant on a pure cost centre.  
''Securities - borrowings - pricing - ESG.''


A cost saving centre is a treasury which still acts primarily as a service function, but which is allowed a degree of discretion about when to hedge, with a view to reducing net costs.
A green yield curve describes the prices of green securities trading in the secondary market, differentiated by their maturities.




==See also==
:<span style="color:#4B0082">'''''Germany to create a green curve'''''</span>
*[[Cost centre]]


:"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 ==
* [[Bond]]
* [[Green bond]]
* [[Green gilt]]
* [[Maturity]]
* [[Premium]]
* [[Secondary market]]
* [[Yield curve]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[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


See also