Investors should not view step-down coupons on SLBs as penalties, Asian economies adjust to growing tensions, and more

Investors should not view step-down coupons on SLBs as penalties By Burhan Khadbai

So far in the young life of sustainability-linked bonds, there has only been a financial upside for investors. If a corporate or a sovereign fails to meet its key performance indicators, investors are rewarded with a ‘step-up’ in the coupon of the bond. Now, investors are being introduced to a two-way pricing feature with not only a step-up but also a ‘step-down’ in the coupon if the issuer exceeds its KPIs. 

Asian economies adjust to growing tensions By Roberta Casali Openness to trade and investment lies at the heart of Asia’s rapid industrial development, income growth and poverty reduction over the past decades. Yet globalisation is now facing challenges on many fronts.

MEETINGS  Driving sustainable investment and climate resilience Thursday 27 October, Panel As COP27 approaches, this panel convened by OMFIF’s Sustainable Policy Institute and Fitch Ratings will examine the role of sustainable investment and the financial sector in building climate change mitigation and adaptation.

ON DEMAND  James Athey on inflation, Italy and QT James Athey, investment director at Abrdn, speaks to Burhan Khadbai, head of content at OMFIF’s Sovereign Debt Institute, about the outlook for the European government bond market.

LATEST REPORT Absa Africa Financial Markets Index 2022 Now in its sixth year, the Absa Africa Financial Markets Index evaluates countries’ financial development based on measures of market accessibility, openness and transparency.