Growth in issuance will be accompanied by diversification, Moody’s says
Market remains below forecast
Social and sustainability bond issuance rises
Canada’s green bonds often trade at a premium in the secondary markets
The fixed-rate bonds will be used to finance projects devoted to the environment
IIAC working on recommendations to encourage a more liquid market
Province raises money of infrastructure projects
Issuance peaked at fresh highs during the third quarter
The bank’s first green bond in US$ initially targeted an issue size of US$500 million but was doubled thanks to strong demand
Despite impressive growth since 2015, a lack of diversification poses challenge
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