Research

All Bond spotlight Sustainability-Linked Bonds Climate risk pricing Fossil lending Nature loss Transparency Sovereigns and central banks Portfolio analysis Quantitative research
Financial candles on a screen.

ESG Bond ETFs: Passive aggressive investing?

17/05/2022

SUEK's bonds are being bought by ESG bond ETFs.

Financial candles on a screen.

Low carbon credit performance: Mayday or opportunity?

05/05/2022

The recent underperformance of low carbon credit could be an opportunity.

Chile sustainability-linked bond: Optionality analysis

05/04/2022

Chile’s SLB issuance is constructed with a set of robust KPIs.

A financial analyst’s Bloomberg keyboard layout.

Woodside/CSIRO and Australia climate FI comments

23/03/2022

We review an investor coalition critique of Woodside Petroleum.

Financial candles on a screen.

UnFortumate: iTraxx Main S35 vs ESG version

16/03/2022

In 2022, the iTraxx Main MSCI ESG version (S35) outperformed its standard equivalent.

A financial analyst’s Bloomberg keyboard layout.

SUEK: downgrades, index expulsion, coupon payments?

11/03/2022

SUEK's bond coupon payment faces several challenges.

A financial analyst’s Bloomberg keyboard layout.

Update on Russian coal miner SUEK’s new USD bonds

24/02/2022

Recent military developments raise questions around the recently issued SUEK thermal coal bond.

A financial analyst’s Bloomberg keyboard layout.

Shell long-end USD bonds: Smoked not smoking

18/02/2022

Shell long-end bonds have compressed which should be interesting for relative transition plays in the oil sector.

Factories emitting pollution.

Abbott Point bonds go 10/90: Coal refi bellwether?

17/02/2022

Distressed trading of Abbott Point's bonds shows difficulty of coal refinancing.

Financial candles on a screen.

New EIG/Aramco bonds in ESG indices: EOM flow risks

15/02/2022

EIGPRL is effectively Aramco exposure following the bonds inclusion on the ESG CEMBI index.

Sri Lanka: restructuring with biodiversity links?

10/02/2022

Its natural to include sustainability criteria in a restructuring of Sri Lanka's USD bonds.

A financial analyst’s Bloomberg keyboard layout.

Oil, gas and bond pipelines: the case of Aramco/EIG/BLK

05/02/2022

We see a potential bond pipeline forming following the large Aramco pipeline network transactions.

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