Green bonds

The index, which tracks over 2,800 securities, went live Wednesday. While ESG investment considerations have grown around the globe, the muni market is at the beginning stages and there is no universally accepted definition of ESG.

Spreads have been widening, but secondary trading was on the light side and triple-A benchmarks were cut by only a basis point in spots even as U.S. Treasury yields once again rose on the 10- and 30-year.

Seventy-seven percent of respondents to a Bond Buyer survey said there should be universal ESG standards and just over half said ESG is “critical” or “very important." Consensus on how to and who should create such a language is less clear.

While a majority of the industry says ESG matters, a consensus on how to define it for this 50,000-issuer, $4-trillion marketplace is still uncertain.

Public finance bankers predicted that 2022 could be another strong one for muni bond issuance at the Bond Buyer's California Public Finance conference.

Friday’s data suggested inflation remains a problem, as the voices calling for Federal Reserve action increase.

The finance team expects the mixed taxable and tax-exempt deal will attract ESG-minded investors.

The school will sell $600 million of bonds that a third party verifier said meet green standards.

The university heads into the market this week with a mix of tax-exempt, taxable, new money sustainability and refunding bonds

Rising sea levels could make catastrophic events such as recent subway flooding more intense and frequent in places including New York and Boston.

The U.S. social bond market is in its infancy, but there is huge potential for the public sector to contribute to the growth of this market, a CBI report said.

The deal qualifies as both an environmental impact bond and as a green bond under the International Capital Market Association's Green Bond Principles.

A new administration in Washington and the power of coastal atmospheric patterns may boost wind-turbine electricity generation in the Southeast.

Marquee issuers have sought out Kestrel for verification on ESG bond programs.

Kestrel Verifiers has certified as green a tranche of bonds that will finance the ethanol plant in California's economically challenged Imperial Valley.

ESG is here to stay and it matters to investors.

The administration of Gov. Gavin Newsom and the state legislature have separate efforts that would result in increased climate risk disclosure.

Obtaining substantial new money for green infrastructure is still difficult, and the more innovative the projects, the harder they are to finance. Environmental impact bonds can help.

Milwaukee will offer investors its first green-designated bonds under its sewerage credit Tuesday and returns next week with a GO sale.

Officials call it the first for any state revolving fund program in the country.