Gender bond and Structural subordination: Difference between pages

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''Bonds - thematic bonds - equality - gender equality.''
''Risk management''.


Gender bonds are thematic bonds that focus exclusively on gender equality.
A reduction in the effective ranking of the claim of a lender or other creditor resulting from a combination of:


#The ownership structure of the borrower, for example in a group of companies; and
#Holding a claim against the 'wrong' legal entity.


==See also==
* [[Blue bond]]
* [[Bond]]
* [[Equality]]
* [[Gender pay gap]]
* [[Global bond]]
* [[Green bond]]
* [[International Finance Corporation]]  (IFC)
* [[Social bond]]
* [[Social impact bond]]
* [[Sustainability]]
* [[Sustainability bond]]
* [[Sustainability bond framework]]
* [[Sustainability Bond Guidelines]]
* [[Sustainability-linked bond ]]
* [[Sustainability linked bond framework]]
* [[Sustainability linked loan]]
* [[Sustainability Linked Loan Principles]]
* [[Sustainable bond]]
* [[Sustainable bond framework]]
* [[Sustainable debt]]
* [[Sustainable finance]]
* [[Thematic bond]]
* [[Use of proceeds bond]]


For example, the claims of the creditors of a holding company may become structurally subordinated to the claims of creditors of the subsidiary companies in the same group. 


==Other resource==
This is because the claim of the holding company itself - as a shareholder of the subsidiary - is generally subordinated to the claims of the other creditors of the subsidiary.
[https://www.ifc.org/wps/wcm/connect/publications_ext_content/ifc_external_publication_site/publications_listing_page/sustainable-bonds-to-bridge-the-gender-gap Bonds to Bridge the Gender Gap: A Practitioner’s Guide to Using Sustainable Debt for Gender Equality - International Finance Corporation - 2021]


[[Category:Accounting,_tax_and_regulation]]
 
[[Category:The_business_context]]
This can be particularly problematic where the subsidiary is in a different country from the holding company, where local legal and other claims may effectively erode the position of the holding company's creditors.
[[Category:Corporate_finance]]
 
[[Category:Investment]]
 
[[Category:Long_term_funding]]
== See also ==
[[Category:Ethics]]
* [[Subordination]]
[[Category:Identify_and_assess_risks]]
 
[[Category:Manage_risks]]
[[Category:Financial_risk_management]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 19:31, 6 April 2015

Risk management.

A reduction in the effective ranking of the claim of a lender or other creditor resulting from a combination of:

  1. The ownership structure of the borrower, for example in a group of companies; and
  2. Holding a claim against the 'wrong' legal entity.


For example, the claims of the creditors of a holding company may become structurally subordinated to the claims of creditors of the subsidiary companies in the same group.

This is because the claim of the holding company itself - as a shareholder of the subsidiary - is generally subordinated to the claims of the other creditors of the subsidiary.


This can be particularly problematic where the subsidiary is in a different country from the holding company, where local legal and other claims may effectively erode the position of the holding company's creditors.


See also

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