(Bloomberg) -- Investors are welcoming Australia’s plans to build a sovereign green bond curve following its debut issuance this week, even as questions...
-- Investors are welcoming Australia ’s plans to build a sovereign green bond curve following its debut issuance this week, even as questions mount over the nation’s effort to cut carbon emissions.Nvidia Announces Next-Generation Rubin AI Platform for 2026 Australia will price about A$7 billion in green bonds maturing June 2034 on Tuesday, as markets face a deluge of deals to finance projects that provide environmental benefits.
“We want to see this building a curve” when assessing an issuer, she said in an interview. “In some cases we’ve seen sovereigns issuing just one green bond and that’s it. This is basically marketing.” While BNP Paribas is awaiting more details on how the bond’s proceeds will be managed and allocated, Australia prohibiting its use on projects where fossil fuels may be involved is a positive, Takhtayeva said. Buying the debt also aids investors involved in a UN-backed engagement program to help Australia realign its emissions reductions targets with its Paris obligations, she said.
"I've watched Nvidia all my career, actually, since it's gone public. It's a very cyclical stock," Cathie Wood said in defense of her firm selling shares.Kangaroos, Tigers and Other Animals Are Thriving 5 Years After Being Rescued from Uncredited Canada Zoo
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