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| Historic EU recovery package signals surge in green bond market Green bonds are predicted to surge after EU leaders agreed an unprecedented EUR750 billion coronavirus recovery package, 30 per cent of which will be allocated to climate-friendly projects. Analysts at ratings agency S&P say it could boost the size of the global green bond market by some 90 per cent. |
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| Refinitiv launches term prototype SONIA reference rate to transition from LIBOR | | Wed | 22 Jul 2020, 11:37 | | Refinitiv have launched the prototype Term SONIA (Sterling Overnight Index Average) Reference Rate. The Refinitiv Term SONIA will leverage the firm’s experience in administering benchmarks to create a British Pound Sterling (GBP) forward-looking term risk-free rate that is published daily prior to noon. |
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| Invesco makes promotions in fixed interest team | | Wed | 22 Jul 2020, 11:37 | | Independent investment management firm Invesco has announced that several of its fund managers are expanding their responsibilities, while two senior analysts are assuming co-fund manager responsibilities. |
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