The LGX Monthly Roundup
THE REAL-WORLD IMPACT OF SUSTAINABLE BONDS:LUXEMBOURG'S SUSTAINABILITY BOND
In this video, we invited special guests to talk us through the sustainability bond issued by Luxembourg in 2020 and its tangible impact on the real economy. While Minister of Finance Yuriko Backes focuses on the bond issuance, President of Luxtram Frank Vansteenkiste and Chair of the Board of Directors of SNHBM Annick Rock dive deep into two concrete projects financed by the bond.
LUXSE WELCOMES DISTINGUISHED GUESTS
Earlier this month, HRH Prince Guillaume, Hereditary Grand Duke of Luxembourg, and Luxembourg Minister of Finance Yuriko Backes visited our exchange. Our guests learned more about our business, with specific focus on activities linked to sustainable finance.
REGISTRATION: RING THE BELL FOR GENDER EQUALITY
Join us on 8 March at 11:00 CET as we Ring the Bell for Gender Equality with over 100 other exchanges worldwide. This year's ceremony will highlight two essential initiatives that contribute to gender equality.
Luxembourg Minister of Finance Yuriko Backes will introduce the establishment of Luxembourg’s Women in Finance Charter. Later on, we will celebrate the listing of NMB’s gender bond, which supports female entrepreneurs and women-led businesses in Tanzania.
NEXT ON THE LGX ACADEMY AGENDA
- Fundamentals of Sustainable Finance - 7-9 March 2023
- Sustainable Products and Standards - 14-16 March 2023
- Sustainable Bonds Ecosystem - 21-23 March 2023
- How can banks tap into the sustainable finance market? - 29 March 2023
BONDS, LOANS & ESG CAPITAL MARKETS AFRICA 202314 - 15 March 2023, Cape Town
We're pleased to sponsor this year's Bonds, Loans & ESG Capital Markets Africa conference, taking place in two weeks in Cape Town, Africa.
As part of our commitment to advancing sustainable finance practices, we are sending a team of our top experts to attend the conference. Laetitia Hamon, Chiara Caprioli, and Carlo Oly will be on the ground, ready to connect with other capital markets professionals and discuss the future of finance in Africa.
Zooming in on new displays
A new USD 5 bn climate awareness bond (CAB) from the European Investment Bank (EIB) is now displayed on LGX. To date, this bond is the largest ever USD-denominated green bond issued by a supranational. The proceeds will finance EIB’s lending to activities contributing substantially to climate change mitigation, in line with evolving EU sustainable finance legislation.
Israel made its debut on LGX with an inaugural USD 2 bn green bond. The proceeds will (re)finance green expenditures linked to clean transportation, renewable energy or green buildings amongst others, in line with the sovereign's green bond framework.
The World Bank brought a USD 50 m Emission Reduction-Linked bond to LGX. The bond's coupon payments are linked to verified carbon credits generated by a water purification project aimed to manufacture 300,000 water purifiers and distribute them to around 8,000 schools and other institutions in Vietnam.
LGX Stats as at 31 January 2023
"Total securities" includes all bonds and fund share classes displayed on LGX.
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