Green Bonds. A thorough and practical introduction to the essentials of green bonds. This course is presented in London on: 6 March 2019

Transcription

1 Green Bonds A thorough and practical introduction to the essentials of green bonds This course is presented in London on: 6 March 2019 If you have 5 or more participants it may be cost effective to have this course presented in-house either on your premises or via live webinar. The Banking and Corporate Finance Training Specialist

2 What Makes this Course Different Is there a moral obligation to issue to green bonds? We will discuss the implications of this How many types of green bonds exist a close look at the categories of green bonds How do we price green bonds are there special factors, is there a long term breakeven factor? Should we expect improved returns over and above conventional bond issues? Course Overview Course Objectives Understand the investment move to green bonds and green finance Gain an introduction to the basics of bonds Identify the aspects of green bonds, the definitions and categories and their relationship to the conventional bond markets Course Content Introduction to the Bonds What are Bonds and how are they priced Bond pricing basics Bond market terminology Major bond sectors Bond market structure Supranationals and Sovereigns Financial and Corporates Green/Sustainable bond sectors Explaining yields and their impact on prices Fund managers and bonds Bond yield curves and bond spreads Bond yields explained Green Bonds Defining a green bond issue Green Bond Principles (GBP) Green Bond Certification Categories Geographic distribution of issues Changes in Investor demand Millenials and long term investors Concerns about conventional bond issuers Overview of the sustainable bond market Recent data and new issues European Investment Bank and World Bank initiatives Supranational issuers Issuance profile Specific Types of Green Bonds Comparing bond issues Use of Proceeds bond Use of Proceeds revenue bond /ABS Project bond Securitisation bond / ABS

3 Covered bonds Loans - green projects/ assets Other debt instruments Pricing Green Bonds Due diligence Initial DD, continuing DD to justify green Investor demographics and demand trends Is it fashion or a trend? Sustainable bond fund investment and investment funds Fund performance SICAVs Some issuers Future trends Rising yields Today s price drivers The future for Green Bonds UN s Sustainable Development Goals Regulation changes Course review and closing discussion Sources for further study Useful web references Background of the Trainer The trainer is a provider of financial training on a wide variety of subjects and has the ability to link real life examples with his lively presentations in a very entertaining and informative way drawing on his market experience and knowledge spanning more than 30 years. He has worked for institutions such as Bank for International Settlements, European Central Bank, European Union, Opec Fund, Securities Institute (UK), and Securities and Exchange Authority (Hong Kong) as well as many international investment banks and trading houses. He delivers courses on Bonds and Bond Risk, Commodities and Commodity Trading, Equities and Equity Markets, Foreign Exchange and FX Products, Money Markets, Interest Rate Risk and Risk Management, Fund Management and Investment Strategy, Derivatives and Derivative Pricing and Trading, Technical Analysis for Traders and Investors, Portfolio Risk Management, Economics for Dealers and Traders - these subjects can be combined to provide bespoke Capital Market programmes to meet client s course criteria. All courses and subject matter are always presented with up to date material, each course being revised before delivery. His character allows him to present from elementary and introductory levels through to intermediate and advanced levels according to requirements. Course Summary This one day programme provides an introduction to bond basics and how they are priced for those less familiar with this asset class. Bond sectors are reviewed as well as the

4 current yield structure and yield spreads. The rationale for fund managers to hold bonds in a portfolio. The recent increase in green bond issues is unprecedented, is it just a short term trend or is there something more fundamental underlying the increase. The definitions of green bonds are broad, we look at all the categories and green bond principles as well as this year s issues. The way forward for green bonds is discussed as the lobbying for regulation changes increases. No previous knowledge of bonds is expected, but some knowledge of the financial markets and asset classes is assumed. Delegate Product Knowledge: It has been assumed that delegates will have some knowledge of the financial markets.

5 09:00-17:00 London Standard Price: 595 +VAT Membership Price: VAT In-House Training Delivering this course in-house for 5 or more participants could be very cost effective. The venue and timing can be agreed to suit the client, as well as the selection of the trainer and the precise contents of the seminar. Tailored Learning All of our training courses can be tailored to suit your company s exact training needs. We will work closely with you to help develop a training programme with content that is unique for your organisation. Please us on enquiries@redcliffetraining.co.uk for more information E-Learning This course can also be presented as a bespoke e-learning programme created by you to fit your exact requirements.