Green Bond のGreenium（2021年上期）

Climate Bonds Initiativeさんが2021年上期のGreenBondsの発行、価格等をまとめたものを公表しています。

https://www.climatebonds.net/files/reports/cbi_pricing_h1_2021_03b.pdf

Highlights;

・Green bonds achieved higher book cover and spread compression than vanilla equivalents, on average.
・Overall, 66% of green bonds were allocated to investors describing themselves as having green or responsible investment mandates.
・Yield curves could be built for 33 bonds in our non-sovereign sample. 26 priced
on or inside their issuer’s yield curves exhibiting a greenium.
・After 7 days, green bonds had, on average, tightened by more than corresponding indices. 28 days after pricing, green bonds had, on average, tightened more than vanilla baskets and matched indices.
• Sovereign Green Bond Club: Four issuers added six new bonds worth a combined total of USD18.9bn. The three sovereign issuers with yield curves all achieved a greenium. 

発行、プライシング、発行後のパフォーマンスも良いみたいですね。

日本物で図が載っていたのがSMFGでgreeniumです。

上半期のgreenium だった債券です。

ETFでは、Van Eck Vectors Green Bond ETF の残高が半年で約70％増。

以上です