Equator Principles and Eurobond: Difference between pages

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''Project finance - environmental and social concerns.''
1.


An offshore bond in the international capital markets, issued in (offshore) [[Eurocurrency]], most frequently in USD. 


'''''From the Equator Principles website:'''''
Eurobonds are, generally speaking, beyond domestic market regulation.  Maturities at issue are normally greater than one year and are usually, but not always, in bearer form. 


:"The Equator Principles (EPs) is a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in projects and is primarily intended to provide a minimum standard for due diligence and monitoring to support responsible risk decision-making.
They can be issued on any interest basis. Some attempts are being made to refer to Eurobonds as International bonds.


:Currently 94 Equator Principles Financial Institutions (EPFIs) in 37 countries have officially adopted the EPs, covering the majority of international project finance debt within developed and emerging markets.
One reason for this change in terminology is to avoid confusion with the [[euro]] (the currency of the euro area, informally Eurozone or [[Euro zone]], introduced some decades after the development of the Eurobond market).


:EPFIs commit to implementing the EPs in their internal environmental and social policies, procedures and standards for financing projects and will not provide project finance or related loans to projects where the client will not, or is unable to, comply with the EPs.


:The EPs have greatly increased the attention and focus on social/community standards and responsibility, including robust standards for indigenous peoples, labour standards, and consultation with locally affected communities within the project finance market. They have also promoted convergence around common environmental and social standards. Multilateral development banks, including the European Bank for Reconstruction & Development, and export credit agencies through the OECD Common Approaches are increasingly drawing on the same standards as the EPs."
2.


An alternative - and increasingly common - spelling of [[euro bond]], a (currently theoretical) bond backed by all the EU Member States in the euro area.


==See also==
*[[Due diligence]]
*[[Environmental concerns]]
*[[European Bank for Reconstruction and Development]]
*[[ESG investment]]
*[[OECD]]
*[[Principles for Responsible Investment]]
*[[Project finance]]
*[[Risk management]]
*[[Social concerns]]


== See also ==
* [[Bond]]
* [[Bond basis]]
* [[Euro]]
* [[euro bond]]
* [[euro zone]]
* [[Eurocurrency]]
* [[Foreign bond]]
* [[International bond]]
* [[An introduction to debt securities]]


==External link==
[[Category:Financial_management]]
[https://equator-principles.com/about/ The Equator Principles webpage]
[[Category:Corporate_financial_management]]

Revision as of 11:55, 22 February 2018

1.

An offshore bond in the international capital markets, issued in (offshore) Eurocurrency, most frequently in USD.

Eurobonds are, generally speaking, beyond domestic market regulation. Maturities at issue are normally greater than one year and are usually, but not always, in bearer form.

They can be issued on any interest basis. Some attempts are being made to refer to Eurobonds as International bonds.

One reason for this change in terminology is to avoid confusion with the euro (the currency of the euro area, informally Eurozone or Euro zone, introduced some decades after the development of the Eurobond market).


2.

An alternative - and increasingly common - spelling of euro bond, a (currently theoretical) bond backed by all the EU Member States in the euro area.


See also

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