Out now: NZI Spark! Fixed income, a powerful lever
The second issue of NZI Spark!, our biannual digital magazine, is dedicated to the role of bonds on the road to net zero
Bond markets form the essential plumbing of the global financial system. While equity markets may fluctuate, bonds are designed to ensure a steady flow of capital, supporting both investors and the companies that rely on them for funding.
When this flow is disrupted, whether through a drop in issuance or falling prices, the consequences can be severe, as the US administration discovered earlier this year.
Bonds are also a key source of finance for both the fossil fuel sector and the energy transition. Investors can use fixed income as a powerful lever: raising the cost of capital for high-emitting industries while channelling funds into cleaner alternatives.
Read the second issue of Spark! here
In this issue, we explore:
- Cover: will transition debt become the new green for sovereigns?
- Feature: inside the nascent space of transition funds
- Interview: Smart Pension's Lawrence on the growing appetite for green bonds
- Feature: inside China's inaugural green bond offering
- Feature: how investors can assess greenwashing risks
- Partner: why scale up transition financing in emerging markets
- Podcast highlights