Page 2 - Green Bonds

Projects worth Rs 19,000 cr to get grants under Sovereign Green Fund

Centre looks to raise Rs 16,000 cr this fiscal via green bonds. The Budget, however, does not say whether or not bond issuance will be the sole contributor to the fund

State Bank of India plans to raise $500 million via green bonds

SBI has also issued green bonds worth $800 million since 2018-19 and a green loan worth €50 million in 2020-21

Green debut

Green bonds can help lower borrowing cost

India sells first green bonds at 5-6 basis points below sovereign yields

The proceeds would be used for 'green' projects such as solar power, wind and small hydro projects and other public sector projects that help reduce the economy's carbon footprint

Power ministry proposes tax-paid green bonds issuance, says report

The bonds are lucrative to investors, while marginally reducing the cost of funds as there is a difference in issuers' tax rate and investors' tax bracket, the official said

First ever sovereign green bond auction lapped up at lower-than-mkt yields

PSU banks, insurers show firm demand at sale, traders say; FPIs may have picked up at least Rs 700 cr of the Rs 8,000 cr on offer

India's first-ever green bond auction gets better-than-expected yield

The five-year bond was sold at a cut-off yield of 7.10% versus 7.13% estimate

India's green bond issuances have grown slower than peers, shows data

Dedicated ESG debt funds may be a key factor to help issuances grow

India's Rs 8,000-cr green bond debuts today, analysts see strong demand

Future premium hinges on incentives for banks, FII participation

India's first green bond sale to command 'greenium' on strong demand

The government is expecting a green premium, or 'greenium,' on prices to push yields 5-10 basis points (bps) below sovereign bonds

Top Headlines: India in green bond mkt, Pichai says job cuts avoided worse

Business Standard brings you the top headlines at this hour

India to enter green bond market with $1 billion debut auction on Wednesday

If this sovereign auction is over-subscribed and the cutoff yield materially lower than regular government bonds, it would encourage larger green issuance next year

Insurers can classify green bond purchases as infra investments: Irdai

The investments in green bonds can qualify towards statutory liquidity ratio (SLR) - the minimum percentage of deposits commercial banks are required to invest in liquid assets, such as government bon

Top headlines: New export obligation defaults scheme, banks seek exemptions

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Centre ready to test green bond market with debut $2 billion sale

India is putting its first sovereign green bond on the radar of some of its biggest domestic asset managers, including state-run insurers and pension funds as well as foreign investors

Year of Bond starts with a $150 bin sales spree; may spill over this week

Hong Kong raising $5.8 billion via its biggest-ever green bond

RBI details maiden sovereign green bond sales worth Rs 16,000 cr

Government to sell 5-year, 10-year green bonds on Jan 25 and Feb 9

Govt green bonds can be a gauge for pvt sector fundraise: RBI Dy Governor

'Heartening to see banks increasing green exposure'

Govt likely to sell 11% stake in IRFC by FY24 as part of disinvestment plan

Senior officials say govt plans to bring own shareholding down to 75%;

RE firms may use rupee loans to refinance $3 bn overseas green bonds

Costly overseas funds forcing them to tap domestic sources