21-03-2024 · Insight

The greenium in high-rated euro bonds

Institutional investors who want to shape their investment portfolio to meet their ESG goals are increasingly turning to green bonds. Green bonds are intended to exclusively finance projects that have a positive environmental impact.

    Authors

  • Rikkert Scholten - Strategist

    Rikkert Scholten

    Strategist

  • Axel Nederkoorn - Fixed Income Analyst/Researcher

    Axel Nederkoorn

    Fixed Income Analyst/Researcher

As a result, these bonds use their proceeds differently, and have unique certification and reporting standards. They also have a distinct investor approach, which can lead to differences in pricing. Roughly half of EUR-denominated green debt is issued by Eurozone governments and government-related institutions such as supranationals, sovereigns and agencies (SSA). In this article, we examine the premium of green bonds for these two groups.

Download the publication

Stay informed on our latest insights

Receive our Robeco newsletter and be the first to read the latest insights.

Stay updated

Important information

The contents of this document have not been reviewed by the Securities and Futures Commission ("SFC") in Hong Kong. If you are in any doubt about any of the contents of this document, you should obtain independent professional advice. This document has been distributed by Robeco Hong Kong Limited (‘Robeco’). Robeco is regulated by the SFC in Hong Kong. This document has been prepared on a confidential basis solely for the recipient and is for information purposes only. Any reproduction or distribution of this documentation, in whole or in part, or the disclosure of its contents, without the prior written consent of Robeco, is prohibited. By accepting this documentation, the recipient agrees to the foregoing This document is intended to provide the reader with information on Robeco’s specific capabilities, but does not constitute a recommendation to buy or sell certain securities or investment products. Investment decisions should only be based on the relevant prospectus and on thorough financial, fiscal and legal advice. Please refer to the relevant offering documents for details including the risk factors before making any investment decisions. The contents of this document are based upon sources of information believed to be reliable. This document is not intended for distribution to or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. Investment Involves risks. Historical returns are provided for illustrative purposes only and do not necessarily reflect Robeco’s expectations for the future. The value of your investments may fluctuate. Past performance is no indication of current or future performance.